Tiburon & Belvedere Real Estate Market Report (February 2009 Home Sales Update)
|Price Range||Total Homes||In Escrow|
|to $2 million||26||12%|
|$2 – $3 million||23||9%|
|$3 – $5 million||22||14%|
|$5 – $10 million||14||7%|
|$10 million & up||5||0|
While there were just 2 sales last month, they averaged 101 days on market, 2,768 square feet (about $870 sq./ft), and sold for an average price of $2.275 million. Increasingly, my analyses points to price sensitivity and an underlying general reluctance on the part of buyers. At the same time, most sellers in Tiburon and Belvedere do not fall into the "have to sell" category, and thus are patiently sticking to their prices hoping the real estate market turns for the positive.
If you have any questions, would like a detailed and professional market evaluation of your home, need neighborhood information, or simply a referral to a reliable local service provider, call Kyle at (415) 350-9440 or e-mail [email protected]. I am a local realtor, broker associate with the most respected firm in Marin, and a certified residential specialist (CRS). It is always a pleasure to be of service.