sold: Pacific Union International | Novato Real Estate Market Update (October 2011 Novato Home Sales Report) - 11/08/11 06:56 PM
Much like August 2011, Novato, CA home sales continued to surpass expectations in September 2011, which is traditionally a very slow month for closings in Marin County. Indeed, buyers continue to move very quickly on well-priced and/or unique real estate opportunities. The average sales price of Novato homes has swung wildly this year from month to month. For example, the average sale price in June was $626K. In September it was $530K. September’s trades averaged 117 days on market, were about 1,870 sq. ft., and averaged roughly $258 sq. ft. Novato’s  absorption rate (e.g., number of months’ inventory of homes for sale based on last … (0 comments)

sold: Pacific Union San Rafael, CA Real Estate Update (March 2011 Home Sales Report) - 03/14/11 04:26 PM
San Rafael, CA’s February 2011 home sales slowed to 22 after a momentous January in which we had 32 homes sell. The entry level price band (under $600K) remains strong — 35 of these homes are currently in escrow (WOW!). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 24 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction — for example, of the 22 homes which sold last month, 16 were priced under $800,000, although … (0 comments)

sold: San Rafael, CA Real Estate Update (February 2011 Home Sales Report) - 02/11/11 02:24 PM
A suprising uptick in sales occurred last month (January 2011) in San Rafael - we had 32 homes sell compared with 26 in December. The entry level price band (under $600K) remains strong - 26 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 17 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction - for example, of the 26 homes which sold last month, 27 were priced under … (0 comments)

sold: Novato Real Estate Market Update (February 2011 Novato Home Sales Report) - 02/11/11 02:21 PM
January 2011 was another good month for Novato home sales (we had 22 trades). Typically, January sales are quite low as people focus on the Holidays during December. The average sales price of Novato homes in January 2011 was $525K. These homes averaged 100 days on market, were about 2,051 sq. ft., and averaged roughly $267 sq. ft. Novato's  absorption rate (e.g., number of months' inventory of homes for sale based on last month's sales totals) sits at just under 5 months' worth of available inventory overall (104 single family homes are currently for sale in Novato). This is a low number. … (0 comments)

sold: Belvedere & Tiburon Real Estate (Pacific Union International January 2011) - 01/04/11 04:52 PM
During December 2010, Tiburon and Belvedere experienced twelve home sales. Interestingly, all but 1 of Tiburon's 7 sales were properties below $2 million. Below are the percentages of homes in escrow in each of the major price bands:
24% of homes priced under $2 million; 17% of homes between $2 million and $3 million; 13% of homes between $3 million and $5 million; 0% of homes over $5 million. Tiburon and Belvedere homes that sold in December 2010 exhibited the following characteristics:
Number of Sales: 12 Average Days on Market: 159 Price: $2.862 million Square Feet: 2,862 Price per Square Foot: $750 If … (3 comments)

sold: Novato CA Real Estate Update (January 2011 Homes For Sale) - 01/03/11 04:33 PM

Happy New Year! As I write this real estate report, the stock market is at its highest level since the 2008 meltdown began and up 125 points on the first day of trading in 2011 and the headline on CNN Money is “A Hiring Boom in 2011. Really.” Despite historically low interest rates and overall affordability at its best levels recorded, the overall Marin market was down in terms of sales numbers in 2010. Yet, in December 2010, the Novato, California real estate market continued to show very real strength across all price bands, except for homes priced above $1.5 … (0 comments)

sold: Mill Valley Real Estate (January 2011) - 01/03/11 04:00 PM
December 2010 home sales in Mill Valley totaled 20. These trades sold for an average price of $1,149,219 and averaged 2,364 sq. ft. (or about $491 per sq. ft.).  The end of 2010 saw a heightened sense of security from buyers of homes in the bread-and-butter Mill Valley price range of $1.5 million to $2 million. We had 6 such sales and another 5 between $1 million and $1.5 million. The number of listings actively on the market in the MLS a very low 64 - most sellers took their homes off the market as Winter set in. Inventory will increase … (0 comments)

sold: South Gate at Hamilton Field, Novato, CA (Marin County) - 11/20/10 06:26 PM
 
South Gate Home Sales & Activity -- 2010 (November 20, 2010) Presidio Drive Kyle Frazier, CRS | Pacific Union International Real Estate | (415) 350-9440 | Kyle@Novato101.com 
 
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sold: Marin County, CA. Real Estate Update — October 2010 - 11/03/10 10:59 AM
Overall in Marin County, the bottom for pricing seems to have formed. The average price of a Marin County single family home has once again surpassed $1 million. In addition, for the seventh consecutive quarter (since Q1 ‘09) both the average and median price of a single family home has experienced modest appreciation.
Possibly the most interesting phenomenon is this modest price appreciation (2% per annum) occurring in a market of significantly lower units closed.  The number of homes sold in third quarter ‘10 under $1 million fell -16% from the same period a year ago. The number of homes sold … (0 comments)

sold: San Rafael CA Real Estate Market Report (October 2010 Home Sales Update) - 10/27/10 01:13 PM
San Rafael, California real estate sales in September 2010:  28 trades (up 3 from August). The entry level price band (under $600K) remains relatively strong - 26 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 21 of homes in escrow. The inventory for single family homes for sale has decreased a bit this month as inventory is absorbed and very few homes come to market this time of year. There are currently 192 homes active on the MLS.
Of the 28 homes sold … (0 comments)

sold: Pacific Union International San Rafael CA Real Estate Market Report (September 2010 Home Sales Update) - 09/27/10 01:27 PM
San Rafael, California real estate sales in August 2010:  25 sales. The entry level price band (under $600K) remains relatively strong — 29 of these homes are currently in escrow (39%). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly with 17% of homes in escrow. The inventory for single family homes for sale increased a bit this month as it does every year after Labor Day. There are currently 217 homes active on the MLS. Price per square foot stands at $357.
Of the 34 homes sold in June 2010, the average:
days on … (0 comments)

sold: Pacific Union Real Estate Mill Valley Report (July 2010 Home Sales Update) - 08/31/10 09:48 PM
The number of homes sold in the Mill Valley, California real estate market rose once again and Mill Valley's touchstone price band ($1 million to $2 million) posted another solid month. For the most part,  buyers now speak confidently about our market as it is truly a unique time in history to buy discounted homes with virtually free money.
Nonetheless, recent national media coverage has focussed on the slowdown in the number of sales nationwide, giving some buyers pause. But, Mill Valley is not Detroit or Las Vegas. The first time home buyer tax credit never impacted Mill Valley in a significant … (1 comments)

sold: San Rafael Real Estate Market Update (August 2010 Novato Home Sales Report) - 08/24/10 10:46 AM
San Rafael, California real estate sales slipped in July 2010. We had 33 trades (compared to 45 in June). The entry level price band (under $600K) remains strong - 24 of these homes are currently in escrow (40%). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 22% of homes in escrow. The inventory for single family homes for sale decreased slightly this month to 177 homes. Price per square foot rose above $400.
Of the 34 homes sold in June 2010, the average:
days on market was 76 days sales price was $797,669 home … (0 comments)

sold: Pacific Union Marin Opens Model Homes and Sales Office at The Landing at Hamilton (Novato, CA) - 08/19/10 06:48 PM
 
THE LANDING AT HAMILTON OPENS SALES OFFICE
27 Exclusive Homes Attract Very Strong Interest as Final Neighborhood of Novato's Prestigious Residential Development Nears Completion
NOVATO, Calif. (August 19, 2010) – Pacific Union International (PUI) announced today the opening of the sales office for The Landing at Hamilton on August 22.  With one home sold and very strong interest in the first phase of five homes, which are nearing completion, The Landing at Hamilton is Novato’s newest luxury single-family community and the final residential community to be built in Hamilton Field. The Landing  is being developed by Barker Pacific Group and … (0 comments)

sold: Pointe Marin & Country Club (Novato Neighborhoods -- Year to Date Real Estate, July 30, 2010) - 08/03/10 11:28 AM
Southern Novato's Country Club and Pointe Marin neighborhoods are proving extremely desirable to buyers of Novato real estate so far in 2010. Below is a breakdown of all homes that have sold, are on the market, in escrow, or have expired so far in 2010.

Kyle Frazier is a broker and realtor with Pacific Union International. He is also a Certified Residential Specialist (CRS) and Certified Luxury Home Marketing Specialist (CLHMS). We know of no other Novato realtor (or Marin County realtor, for that matter) can lay claim to these two very difficult certifications which require BOTH superlative sales results (before joining Pacific Union, … (0 comments)

sold: South Gate at Hamilton Field, Novato (Real Estate Market / Homes For Sale Update -- July 30, 2010) - 08/03/10 11:03 AM
South Gate at Hamilton Field in Novato, CA is a special place. Rarely do homes come on the market and for the most part, they tend to sell fairly quickly. Below is a chrat showing all sales and active listings in South Gate at Hamilton Field so far this year, broken down by street.
South Gate Home Sales & Activity -- 2010 (July 30, 2010)
Presidio Drive

For more information on the local Hamilton Field market, call Kyle Frazier, CRS | Pacific Union International Real Estate | (415) 350-9440 | Kyle@Novato101.com. Kyle is a broker, J.D., and Certified Residential Specialist. We are … (0 comments)

sold: Pacific Union International | Marin Luxury Homes Report (July 2010) - 07/26/10 12:42 PM
As reported in June 2010, “real buyers” continue purchasing “done” homes in prestige locations such as Mill Valley, Belvedere, Ross, Kentfield, etc., along with “value” properties with locational upside, views of San Francisco, southern exposures, and knolltop properties. Marin County’s luxury home real estate market reflects increased sales velocity driven by buyer optimism. In the $2 million to $4 million price band, June 2010 sales eclipsed last year’s total, inventory is down from last year, and the number of homes with accepted offers (in escrow) is high. This combination of factors looks promising for continued improvement. And we are not alone … (0 comments)

sold: Pacific Union Tiburon & Belvedere CA Real Estate Market Report (July 2010 Home Sales Update) - 07/25/10 10:32 PM
In June 2010, Tiburon and Belvedere experienced 13 home sales. Importantly, as evidenced by the chart below, several indicators point to an improving market — the median price of homes for sale is up 3% and the median price of homes sold is up 18%. 

Of course, keep in mind that last year (our basis for comparison) was the slowest in memory. Nonetheless, I think it is fair to say that the majority of real estate practitioners would agree that the field has tilted back to neutral position in most price bands. Moreover, the absorption rate of our listings is … (0 comments)

sold: Pacific Union Novato Real Estate Market Update (July 2010 Home Sales Report) - 07/23/10 11:43 PM

The Novato, California real estate market continues its torrid year with 49 sales in June — up from 38 sales in May 2010. The average sales price of Novato homes in June 2010 was $644,778. These homes averaged 98 days on market, were about 2,162 sq. ft., and averaged roughly $306 sq. ft.
Novato’s price per square foot has hovered between 3-5% of $300 for a year now — in my mind, we are seeing the gradual recomposition of the market in the era of the “New Normal.” Prices are holding steady, particularly in the entry level and move-up price … (0 comments)

sold: Pacific Union International | Marin Luxury Homes Report (June 2010) - 06/25/10 11:54 AM
 Pacific Union International is the leading broker for Marin County luxury homes.
As reported in previous months, “real buyers” continue to snap up homes in prestige locations such as Mill Valley, Belvedere, Ross, Kentfield, etc., along with “value” properties with locational upside, views of San Francisco, southern exposures, knolltop properties. Without question, Marin’s luxury home market is showing signs of increased velocity and buyer optimism. In the $2 million to $4 million price band, May 2010 sales eclipsed last year’s total, inventory is down from last year, and the number of homes with accepted offers (in escrow) is high. This combination of factors looks promising for … (0 comments)

 
Kyle Frazier, Kyle Frazier , CRS & Marin CA Realtor (Christie's Great Estates | Pacific Union International) Rainmaker large

Kyle Frazier

Kyle Frazier , CRS & Marin CA Realtor

Mill Valley, CA

More about me…

Christie's Great Estates | Pacific Union International

Mobile: (415) 350-9440

Office: (415) 448-1118

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Real Estate information about Marin County, California--Mill Valley, Sausalito, Tiburon, Belvedere, Corte Madera, Larkspur, Greenbrae, Kentfield, Ross, San Anselmo, San Rafael, and Novato. Community descriptions, sales information, and more.


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