I just arrived back from a doctor’s appointment at Stanford and as soon as I got over the bridge I saw, near Vista Point, what looked to be a huge group of Hell’s Angels with only 1 or 2 CHP and I thought, “Boy are they out numbered.”  

But then I saw a Sheriff up a little ways, and then on the next overpass there were a bunch of fire trucks with all their lights going but all the fire fighters were standing outside the trucks.  That was true of every bus pad and every overpass until I reached San Rafael.  

I called the CHP and they said that a large group of soldiers just arrived from Iraq and were being escorted from San Francisco to Petaluma.  Just about brought a tear to my eye.  I’m getting so sentimental in my old age.

DEFINITION OF A VETERAN
A Veteran – whether active duty, retired, national guard or reserve – is someone who, at one point in their life, wrote a check made payable to “The United States of America”, for an amount of “up to and including my life.”

Author Unknown

As you see in the charts below the average sales price in Marvelous Marin County is about where it was in 2004 – 2005.

While the volume of homes selling has been mostly pathetic this year, we have seen a slight uptick in the past month.  Encouraging, but we’re not out of the woods yet.

I think this will continue through next year, with more distres sales coming on the market.  What is fueling the slight uptick in volume is realistic sellers who have learned that REOs are the competition and they must price accordingly.

To learn more about this area visit my website or contact me directly.

If you have questions, just ask!

 

 

As you will see in the charts below the average sales price in the beautiful wine country town of Sonoma continues to be driven by the distress sales.

Volume is picking up a little bit, but nothing to be overly optimistic about.

To learn more about this area visit my website or contact me directly.

If you have questions, just ask!

The table below shows the sales activity for Marin County and Southern Sonoma County for the month of October 2009, sorted alphabetically by the name of the City.

For more information about a specific City, click on the corresponding link.

City	# of homes sold	Average Days on Market	Average ORIGINAL Asking Price	Average FINAL Selling Price	# Sold AT Original Asking Price	# Sold OVER Original Asking Price	% of Available Listings in Escrow
Corte Madera	8	114	$756,613	$702,413	1	-	37
Fairfax	7	80	$760,429	$708,857	1	2	38
Greenbrae	7	88	$779,286	$749,714	-	3	20
Kentfield	4	56	$3,478,500	$3,258,500	-	2	31
Larkspur	4	131	$1,299,750	$1,089,144	-	-	29
Mill Valley	24	122	$1,216,288	$1,080,144	-	3	25
Novato	72	94	$596,785	$560,843	6	15	49
Ross	2	33	$2,745,000	$2,794,200	-	1	30
San Anselmo	9	139	$873,333	$762,872	1	1	30
San Rafael	57	97	$768,712	$728,242	8	10	34
Sausalito	7	70	$1,197,429	$1,190,750	1	1	21
Tiburon	8	88	$2,703,556	$2,408,125	1	1	14
Marin County	221	104	NA	$884,040	NA	NA	30
Petaluma	60	114	$481,687	$439,140	2	18	42
Sonoma	33	134	$523,709	$465,276	1	10	40

Please note that all Original Asking Prices are without any price reductions.

This information is current as of November 6, 2009 and the sources are BAREIS and CleanOffer.   

As of November 6, 2009 30% of available listings in Marin County are in escrow.

For the month of October 2009 only 221 homes sold in Marin County, for an average final selling price of $884,000.

Of the 221 homes that sold 53 were distress sales.

The range of final selling prices was from a low of $120,000 to a high of $9,200,000.

It took these homes an average of 104 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

As of November 6, 2009 a mere 14% of available listings in Tiburon are in escrow.

For the month of October 2009 only 8 homes sold in Tiburon, for an average final selling price of $2,408,125.

The average original asking price of these homes was $2,703,556.

The range of final selling prices was from a low of $490,000 to a high of $6,500,000.

Of the 8 homes that sold, 1 sold at the original asking price and 1 sold for more than the original asking price.

It took these homes an average of 88 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

As of November 6, 2009 only 21% of available listings in Sausalito are in escrow.

For the month of October 2009 only 7 homes (1 of which was a distress sale) sold in Sausalito, for an average final selling price of $1,190,750.

The average original asking price of these homes was $1,197,429.

The range of final selling prices was from a low of $346,500 to a high of $2,925,000.

Of the 7 homes that sold, 1 sold at the original asking price and 1 sold over the original asking price.

It took these homes an average of 70 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

As of November 6, 2009 34% of available listings in San Rafael are in escrow.

For the month of October 2009 57 homes (8 of which were distress sales) sold in San Rafael, for an average final selling price of $728,242.

The average original asking price of these homes was $768,712.

The range of final selling prices was from a low of $140,000 to a high of $3,100,000.

Of the 57 homes that sold 8 sold at their original asking price and 10 sold for more than their original asking price.

It took these homes an average of 97 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

As of November 6, 2009 30% of available listings in San Anselmo are in escrow.

For the month of October 2009 only 9 homes (1 of which was a distress sale) sold in San Anselmo, for an average final selling price of $762,872. 

The average original asking price of these homes was $873,333.

The range of final selling prices was from a low of $341,848 to a high of $1,025,000.

Of the 9 homes that sold 1 sold at the original asking price and 1 sold over the original asking price.

It took these homes an average of 139 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

As of November 6, 2009 30% of available listings in Ross are in escrow.

For the month of October 2009 only 2 homes sold in Ross, for an average final selling price of $2,794,200 — which was a bit higher than the average original asking price of $2,745,000.

The two final selling prices were $1,588,400 and $4,000,000.

The $4M home was originally listed at $3,795,000 and closed in 21 days.

It took these two homes an average of 33 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.