April 2016 Novato Home Sales Report | Pacific Union International | Novato Real Estate Market Update. Novato home sales numbers in March 2016 were fairly good, falling in at 36 sales of single family homes (up from 30 in Febraury 2016). March is typically not considered a strong month of the year for home… read more →
Pacific Union Announces Kyle Frazier is #1 Top Listing Agent in Novato, CA 2014 Pacific Union is proud to announce that Kyle Frazier is once again Novato’s top listing agent in 2014. All told, Kyle’s Novato listing sales (which included two luxury home sales conducted off-market, in a discreet fashion)… read more →
Pacific Union International | Novato Real Estate Market Update (June 2014 Novato Home Sales Report). Novato, CA., experienced a very healthy amount of sales in May 2014 — 65 single family homes sold. Given the incredibly low level of inventory, this is a strong number (I will address the absorption rate… read more →
10 E. Barberry Place, Novato (Pointe Marin), CA (Homes For Sale – Pacific Union & Kyle Frazier) Immaculately maintained home in a “Best Of” location at the end of a quiet and level cul-de-sac. Large back yard with afternoon sun. One block from the park. Excellent flow. Great home for… read more →
May 2011 was another excellent month for home sales in Novato (30 trades). It appears that this momentum is carrying into June as buyers act quickly on well-priced and/or unique opportunities. The average sales price of Novato homes has swung wildly so far this year based on the composition of… read more →
Pacific Union International is the leading broker for Marin County luxury homes. As reported in previous months, “real buyers” continue to snap up homes in prestige locations such as Mill Valley, Belvedere, Ross, Kentfield, etc., along with “value” properties with locational upside, views of San Francisco, southern exposures, knolltop properties. Without… read more →
The Novato, California real estate market continues to exhibit strength across nearly all price bands (not so for homes priced above $1.5 million). April 2010 saw 24 sales (same as February 2010). The average sales price of Novato homes in April 2010 rose over 3% to to $656,699. These homes averaged 93 days on… read more →
This month, Novato’s absorption rate fell to an unbelievable 3.04 months. That is low. Absorption rates, along with days on market averages, provide a telling insight into the overall state of the market. As I have noted before, value properties can be found in virtually ALL price ranges in Novato.… read more →
While the pipeline of new properties and overall inventory levels increases dramatically throughout most of Marin County, CA (this is the prime selling season, after all), Novato’s inventory level has remained very steady over the past 3 months. Just 151 single family homes are currently for sale. There were 152… read more →
While the past few evenings have brought a chill to the air, the Northern Marin (e.g., Novato) real estate market continues to show some heat. Buyers are focused and seemingly undeterred when it comes to writing offers below asking price–sometime significantly so. Sellers with a need to sell are embracing aggressive pricing. As I… read more →