San Rafael CA Real Estate Market (Pacific Union October 2010 Home Sales)

kylefrazierMarin Market Updates, San Rafael Real Estate

San Rafael, California real estate sales in October 2010: 35 homes sold. The entry level price band (under $600K) remains strong — 30 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 22 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 35 homes which sold last month, 24 were priced under $800,000. The inventory for single family homes for sale has decreased a bit this month as inventory is absorbed and very few homes come to market this time of year. There are currently 172 homes active on the MLS.

Averages relating to the 28 homes which sold in October 2010 are as follows:

  • days on market 123 days
  • sales price was $645,316
  • home size was 1,814 square feet
  • $356 per sq. ft.

Homes in Lucas Valley, Loch Lomond, and Peacock Gap 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 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.