Pacific Union Tiburon / Belvedere Real Estate Report | September 2014 Home Sales Update
Tiburon / Belvedere Home Sales & Real Estate Market Report | September 2014 | Pacific Union International. Tiburon and Belvedere, CA. home sales in August 2014 were anemic with just 9 trades. Strangely, even the entrly level market in Marin County’s most coveted luxury home enclaves of Tiburon and Belvedere (located just across the Golden Gate Bridge from San Francisco) are not selling with the amplitude of pace and price experienced early in 2014. On the Tiburon Peninsula, homes priced below $2 million are generally considered entry level. Stepping up into the $2 million to $5 million price range, which is our bread and butter price point, we are seeing decent activity — there were 7 such sales in August 2014. Above that, in the ultra-luxury market (above $5 million), there were no sales. It is not uncommon for the bread and butter price points to do better in the first and second quarters as buyers flush with bonus money enter the buying market. By the 3rd quarter, most of those buyers have already moved.
Video About Tiburon & Belvedere, California By Kyle Frazier, Luxury Home Specialist, Top Agent, Pacific Union International Real Estate (Marin County Realtor, CRS, CLHMS, J.D.) | Neighborhoods, Schools, Homes For Sale, MLS, Listings, Shopping, Recreation, Real Estate Trends.
Below are the percentages of Belvedere and Tiburon homes in escrow in each of the major price bands:
- 50% of homes priced under $2 million;
- 42% of homes between $2 million and $3 million;
- 28% of homes between $3 million and $5 million;
- 8% of homes over $5 million.
Tiburon and Belvedere homes that sold in August 2014, exhibited the following characteristics:
- Number of Sales: 7
- Average Days on Market: 92
- Price: $2.736 million
- Square Feet: 3,071
- Price per Square Foot: $922
If you have any questions or would like a custom market analysis of your home’s current likely sales price, please call me at (415) 350-9440. My name is Kyle Frazier. I am a Top Agent, Broker, Certified Residential Specialist (CRS), and Certified Luxury Home Marketing Specialist (CLHMS) with Christie’s Great Estates | Pacific Union International Realtors. And if you are a buyer, I am also a member of the Top Agent Network (Top 10% in Marin County) and the Marin Platinum Group (Top 100 agents in Marin County). These are elite agent networks with access to dozens of homes being marketed informally and not on the MLS. It is always my pleasure to be of service.