As of October 6, 2008 an encouraging 31% of available homes for sale in Novato are in escrow.
For the month of September 2008 69 homes sold in Novato for an average final selling price of $570,430.
The average original asking price of these homes was $638,773.
The range of final selling prices was from a low of $180,000 to a high of $1,350,000.
It took these homes an average of 127 days to sell.
Of the 69 homes that sold 5 sold at their original asking price and 9 sold over their original asking price. All others sold for less.
Of those same 69 homes a frightening 36 of them were distress sales.
To see all the homes that are currently available for sale search our MLS.