Pacific Union San Rafael, CA Real Estate Update (January 2011 Home Sales Report)
San Rafael, California real estate sales in December 2010: 26 homes sold. The entry level price band (under $600K) remains strong — 24 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 14 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction — for example, of the 26 homes which sold last month, 23 were priced under $800,000 and the highest priced sale was just $925,000. There are currently 118 homes active on the MLS. Averages relating to the 26 homes which sold in December 2010 are as follows:
- days on market — 86
- sales price — $619,054
- home size was 1,731 square feet
- $368 per sq. ft.
Homes in Lucas Valley, Terra Linda, and The Dominican generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a J.D., Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Pacific Union International. It is always my pleasure to be of service.