This market profile is a snapshot of what is happening in Tiburon. Tiburon home prices have been bouncing around in the same basic level. The number of homes listed has actually declined but the Market Action Index has also declined- meaning buyers are slowing down. It is a strong buyer’s market in Tiburon.
Tiburon Real Estate Market Update | |
Median List Price | $2,495,000 |
Asking Price per Square Foot | $863 |
Average Days on Market | 153 |
Percent of Properties with Price Decrease | 42% |
Percent Relisted | 7% |
Median House Size (sq ft) | 2,915 |
Median Lot Size | 0.25-0.50 acre |
Median Number of Bedrooms | 4.0 |
Median Number of Bathrooms | 3.4 |
Market Action Index | 14 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Tiburon Real Estate Market?” By measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Tiburon Real Estate Market Data effective as ofJanuary 20, 2009. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.