Corte Madera Home Sales January 2008

Posted on February 11, 2008 by Ginger Wilcox

The median home sale price in Corte Madera was $850,000 in January 2008.  The number of homes on the market decreased almost 22% from one year ago.   The number of  Corte Madera homes under contract dropped almost 90% with just one home going under contract while the number of Corte Madera homes sold stayed the same as January 2008.. 

The average days on the market in Corte Madera was 13, down almost 75% from January 2007.

Corte Madera
Homes		 Jan 2007 Jan 2008

∆

% ∆
For Sale 23 18 -5 -21.74
Under Contract 9 1 -8 -88.89
Sold 2 2 0 0.00

*Single family homes only

San Anselmo Home Sales January 2008

Posted on by Ginger Wilcox

The median home sale price in San Anselmo was $1,000,000 in January 2008.  The number of homes on the market decreased just over 30% from one year ago.   The number of San Anselmo homes under contract dropped 27% while the number of San Anselmo homes sold increased almost 50% from one year ago. 

The average days on the market in San Anselmo was 89, up from 73 days in January 2007.

San Anselmo
Homes		 Jan 2007 Jan 2008

∆

% ∆
For Sale 45 31 -14 -31.11
Under Contract 11 8 -3 -27.27
Sold 6 9 3 50.00

*Single family homes only

San Rafael Home Sales January 2008

Posted on by Ginger Wilcox

The median home sale price in San Rafael was $900,000 in January 2008.  The number of homes on the market increased almost 20% from one year ago, quite different from many cities in Marin County.   The number of San Rafael homes under contract dropped almost 33% while the number sold dropped almost 50% from one year ago.  The average days on the market in San Rafael was 80, up from 65 days in January 2007.

San Rafael
Homes		 Jan 2007 Jan 2008

∆

% ∆
For Sale 121 145 24 -19.83
Under Contract 36 24 -12 -33.33
Sold 29 15 -14 -48.28

*Single family homes only

Greenbrae Home Sales January 2008

Posted on by Ginger Wilcox

The median home sale price in Greenbrae was $1,922,500 in January 2008. The number of homes on the market dropped almost 24% from one year ago. Only one Greenbrae home was placed under contract in January.

Greenbrae
Homes		 Jan 2007 Jan 2008 ∆ % ∆
For Sale 17 13 -4 -23.53
Under Contract 9 1 -8 88.89
Sold 6 2 -4 -66.67

*Single family homes only

Kentfield Home Sales January 2008

Posted on by Ginger Wilcox

The median home sale price in Kentfield was $1,045,000 in January 2008.  The number of homes on the market dropped 11% from one year ago, a small drop in inventory compared to most of Marin County. 

Kentfield is suffering from old inventory- buyers are not out writing contracts because the majority of homes on the market are homes that did not sell last year.  Buyers are still out looking for nice Kentfield homes! 

Kentfield
Homes		 Jan 2007 Jan 2008

∆

% ∆
For Sale 17 15 -2 -11.76
Under Contract 2 0 -2 0
Sold 5 2 -3 -60.00

 

*Single family homes only

Fairfax Home Sales January 2008

Posted on by Ginger Wilcox

The median home sale price in Fairfax, CA was $672,000 in January 2008.  The number of homes on the market dropped almost 22% from one year ago, while the number of Fairfax, CA homes under contract dropped almost 60%.  The average days on the market in Fairfax was 84, up slightly from 78 days in January 2007.

Fairfax
Homes		 Jan 2007 Jan 2008

∆

% ∆
For Sale 23 18 -5 -21.74
Under Contract 10 4 -6 -60.00
Sold 3 4 1 33.33

Mill Valley Home Sales January 2008

Posted on by Ginger Wilcox

The median home sale price in Mill Valley was $1,255,000 in January 2008.  The number of homes on the market dropped almost 35% from one year ago, while the number of Mill Valley homes under contract dropped even more dramatically- almost 65%!  The average days on the market in Mill Valley was 58 down substantially from 77 days in January 2007.

Mill Valley
Homes		 Jan 2007 Jan 2008

∆

% ∆
For Sale 97 64 -33 -34.02
Under Contract 22 8 -14 -63.64
Sold 14 13 -1 -7.14

Tiburon Home Sales January 2008

Posted on by Ginger Wilcox

The median home sale price in Tiburon was $2,780,000 in January 2008.  The number of homes on the market dropped dramatically from one year ago- almost 41%.  The average days on the market in Tiburon was 96, up slightly from 91 days in January 2007.

Tiburon Homes Jan 2007 Jan 2008

∆

% ∆
For Sale 61 36 -25 -40.98
Under Contract 7 4 -3 -42.86
Sold 3 4 -1 33.33

Marin County a great investment

Posted on January 21, 2008 by Ginger Wilcox

When evaluating real estate (or any investment for that matter), people often make the mistake of looking at it in a short term perspective. For most people who own Marin real estate, it often a long term investment. The chart below details the average Marin County home sales price in 2007, 1997, and 1987.

All I can say, is that I really wish I had purchased ten Marin County homes in 1987 or even just ten years ago in 1997.

Marin County real estate is a great investment at any time- just think long term!

City Average Marin Home Sales Price
2007		 Average Marin Home Sales Price
1997		 Average Marin Home Sales Price
1987
All Marin County $1,223,678 $443,135 $240,875
Belvedere $3,880,903 $1,248,804 $665,053
Corte Madera $1,214,431 $382,677 $219,925
Fairfax $841,837 $325,912 $160,930
Greenbrae $1,052,236 $398,074 $230,308
Kentfield $2,427,872 $855,384 $408,581
Larkspur $1,301,432 $500,874 $241,193
Mill Valley $1,400,526 $524,941 $283,479
Novato $757,815 $303,576 $188,771
Ross $3282,336 $1,003,212 $452,700
San Anselmo $1,056,271 $416,676 $232,160
San Rafael $905,599 $368,903 $225,358
Sausalito $1,309,383 $453,109 $230,151
Tiburon $2,207,819 $801,875 $451,038

Statistics from BAREIS Marin County MLS®.

Marin County Year End Home Sales

Posted on January 19, 2008 by Ginger Wilcox

Here are some new sales charts comparing Marin County real estate in 2007 through 2004. The number of Marin County homes sold in 2007 has continued to decline each year since 2004. Despite the number of Marin homes sold going down, both the median and the average sales price of Marin County homes has increased since 2004.

Marin Home Sales Comparison 2007-2004

Marin Median Home Price Comparison 2007-2004

Marin Average Home Sales Price Comparison 2007-2004

Statistics from BAREIS MLS® January 10, 2008.