Pacific Union International | Novato Real Estate Market Update (July 2014 Novato Home Sales Report). Novato sales numbers in June 2014 were strong — 47 single family homes sold. This is impressive, given the low number of homes on the market. Buyers continue to act very decisively on properties in desirable… read more →
Pacific Union International | Novato Real Estate Market Update (April 2014 Novato Home Sales Report)
Pacific Union International | Novato Real Estate Market Update (April 2014 Novato Home Sales Report). Novato, CA., experienced 39 single family home sales in March 2014. Given the incredibly low level of inventory, this is a very strong number (I will address the absorption rate below). Buyers continue to snap up… read more →
Pacific Union International | Novato Real Estate Market Update (February 2014 Novato Home Sales Report). The number of trades in Novato, CA in January 2014 was essentially unchanged from a year ago — there were 28 single family home sales. This is impressive, considering that these sales were primarily initiated in… read more →
Pacific Union International | Novato Real Estate Market Update (December 2013 Novato Home Sales Report). The number of trades in Novato, CA in November 2013 reflected a seasonal norm — there were 28 single family home sales in Novato. Despite the interest rate increases of earlier in the year, rates remain… read more →
Pacific Union International | Novato Real Estate Market Update (November 2013 Novato Home Sales Report). The number of trades in Novato, CA in October 2013 was impressive in what is typically a slower month for sales. Overall, 50 single family homes sold in the town of Novato last month. Despite the… read more →
Pacific Union International | Novato Real Estate Market Update (August 2013 Novato Home Sales Report). July 2013 sales figures for Novato, CA were exceptionally high considering the month is usually the beginning of the summer slow season. Forty-three single family homes sold in the town of Novato. While interest rates… read more →
Pacific Union International | Novato Real Estate Market Update (July 2013 Novato Home Sales Report). June 2013 sales figures for Novato, CA remain very strong — Novato had 43 single family homes sell. Due to the factors noted above, buyer urgency remains high. Buyers are making very strong offers with lightning… read more →
Pacific Union International | Novato Real Estate Market Update (February 2013 | Novato Home Sales Report). Novato’s real estate market in 2013 is providing a compelling example of how real estate market recoveries progress. As I noted begining in December 2011, when I first saw signs that buyer sentiment and market health… read more →
Novato, CA home sales continued to surpass expectations in November 2011, which is traditionally a slow month for closings in Novato and all of Marin County. Indeed, buyers continue to move very quickly on well-priced and/or unique real estate opportunities. The average sales price of Novato homes has swung wildly… read more →
With just 150 active listings (there were 172 homes for sale last month), Novato, California is experiencing far lower inventory levels than we have become accustomed to over the past several years. This low inventory is giving rise to some unexpected numerical results. For example, because Novato sales figures are up from last month… read more →