Tiburon / Belvedere Home Sales & Real Estate Market Report | December 2013 | Pacific Union International.
Tiburon / Belvedere Home Sales & Real Estate Market Report | December 2013 | Pacific Union International. Breaking from the recently strong sales numbers experienced by the rest of Marin County, the luxury home enclaves of Tiburon and Belvedere, CA (located in Southern Marin County — across the Golden Gate Bridge from San Francisco) recorded a mere 9 home sales in November 2013. While continued sluggishness characterizes the ultra-luxury market sector (only 0 homes sold last month over $5 million — despite the fact that nearly 1/2 of all homes for sale are priced over $5 million), sellers in this elite price band are seemingly unfazed and willing to continue testing the market as we close out the holiday season (there 25 homes on the market now in the $5 million+ price point and just one is in escrow).
On the Tiburon Peninsula, homes priced below $2 million are generally considered entry level. Even sales in the entry level seem to be lagging the rest of the county as 50% of homes are in escrow with 5 being actively marketed on the MLS. One other fact worth noting is that the average number of days on market has increased to 64 days (it was down to 28 days in May).
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;
- 55% of homes between $2 million and $3 million;
- 14% of homes between $3 million and $5 million;
- 7% of homes over $5 million.
Tiburon and Belvedere homes that sold in November 2013, exhibited the following characteristics:
- Number of Sales: 9
- Average Days on Market: 64
- Price: $2.447 million
- Square Feet: 3,547
- Price per Square Foot: $702
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.