Marin County and Southern Sonoma County Real Estate Market Update for April 2008

The table below shows the sales activity for Marin County and Southern Sonoma County for the month of April 2008, sorted alphabetically by the name of the City.
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	5	23	$1,702,600	$1,670,333	-	3	30%
Fairfax	2	106	$847,000	$812,800	-	-	16%
Greenbrae	3	13	$1,764,333	$1,793,333	-	2	26%
Kentfield	10	150	$3,486,400	$2,775,400	-	2	15%
Larkspur	5	51	$1,592,780	$1,501.916	-	2	15%
Mill Valley	20	44	$1,574,450	$1,555,358	5	3	23%
Novato	46	96	$636,218	$594,460	5	9	20%
Ross	1	-	$3,200,000	$3,100,000	-	-	14%
San Anselmo	18	42	$1,422,722	$1,381,436	3	3	21%
San Rafael	45	96	$910,864	$854,429	5	5	22%
Sausalito	6	101	$1,816,667	$1,655,000	1	-	18%
Tiburon	12	52	$1,838,575	$1,807,608	2	4	18%
Marin County	180	79	NA	$1,224,710	NA	NA	20%
Petaluma	45	93	$645,441	$595,649	6	5	26%
Sonoma	21	184	$1,363,490	$1,219,656	-	3	13%
Please note that all Original Asking Prices are without any price reductions.
This information is current as of May 10, 2008 and the sources are BAREIS and CleanOffer.  I update this monthly.  When the County of Marin updates their website, which includes closed sales not on MLS, then I update my website as well.  While it has not been updated as of the writing of this post, you can check back by clicking here.