Archive for February, 2008

3 Years of Marin County January Homes Sales Stats

Monday, February 4th, 2008

Marin Home

Marin Home Most of Marin County Real Estate does not know what a bubble is.  Sure, the Novato market is soft with lower prices and Marin County Starter Homes have not prices like this in years but when you look at the whole picture we are doing quite well.  The chart below is for single family homes and does not include condominiums.  It looks at January BARIES MLS results for three years and was compiled by Warren Carreiro, a broker with Frank Howard Allen Realtors.  Looking at one month at a time does not show a tread, however, with three years running it suggest where the market stands.

Marin County Single Family Home Sales (using median for square feet, sales price and days on market: DOM)

All of Marin
Year Jan 2008 Jan 2007 Jan 2006
# Sales 79 113 116
Sq. Ft. 1918 1936 1856
Price $1,050,000 950,000 869,000
DOM 84 87 70
Without Novato
Year Jan 2008 Jan 2007 Jan 2006
# Sales 68 95 89
Sq. Ft. 1922 2011 1854
Price $1,227,500 1,085,000 895,000
DOM 68 83 77
Novato Only
Year Jan 2008 Jan 2007 Jan 2006
 # Sales 11 18 27
Sq. Ft. 1911 1692 1971
Price $639,000 701,500 755,000
DOM 147 102 59
Warren Carreiro, Broker
warren@RealtyOfMarin.com
www.realtyofmarin.com