Tiburon sales activity increased substantially from October to November, as well as from November 2006 to November 2007. The number of Tiburon homes going under contract improved almost 62% over last November, while the number of Tiburon homes closing escrow improved by almost 40%.
In September, Tiburon had 26 months on inventory. OUCH! The sales pace picked up and the MSI was down to only 3 months in November 2007. This is a substantial improvement over November 2006, when Tiburon had 6.6 months of inventory.
Good news for Tiburon homeowners!