Archive for the ‘Marin Market Trends’ Category

Mill Valley Real Estate Market Report

June 2nd, 2010 By Ginger Wilcox

90 Mill Valley Real Estate Market Statistics

90-day stats for Single Family properties in
MILL VALLEY, CA94941 as of August 27, 2010
Median List Price:$1,291,923Average List Price:$1,564,894
Total Inventory:164Price per Square Foot:$584
Average Home Size:2,408Median Lot Size:9,939
Average # Beds:3.50Average # Baths:2.77
Homes Absorbed:11Newly Listed:9
Days on Market:104Average Age:46

View all active Mill Valley homes for sale.

Interested in learning more about Marin County price trends, supply and demand and leading indicators to help you make educated real estate decisions? Get our weekly Marin Real Estate Market Report.

Time to invest in Marin Real Estate?

March 4th, 2010 By Ginger Wilcox


If you are unable to see the video above, please click here


According to the the National Association of Realtors®, “distressed homes” represented nearly 2 of every fifth home sold in January 2010.  Clearly, real estate investors in Marin County and around the country are taking advantage of good deals on inexpensive property.  But there’s risk involved.

This NBC Today Show interview first ran in March 2009, featuring real estate expert Barbara Corcoran. Despite its age, the message remains relevant. Today may be a terrific time to buy a bank-owned home — just make sure you do your research first.  There’s plenty of ways for investors to get burned.

Some of the tips in the video include:

  • Buy in your own backyard
  • Start small, then build to a bigger portfolio
  • Watch receipts — rent rolls don’t matter if tenants aren’t paying rent

Corcoran also gives pointers on how to evaluate a prospective tenant.

Foreclosures may represent a significant number of 2010’s total Marin County home sales and will offer interesting opportunities to bona fide real estate investors.

Remember, the stats and the data are from 12 months ago, but the advice stays meaningful.

California Real Estate/Economic Forecasts

November 18th, 2009 By Ginger Wilcox

In this video, California Association of REALTORS economist Leslie Appleton Young speaks to agents but it is good information for everyone.  A couple of takeaways:

  • Median home price in California has plummeted because of foreclosures.
  • The California real estate market bottomed in 2007.  Sales have increased dramatically in the last two years.
  • The dollar volume of sales will have bottomed this year.  It will be flat in 2010.
  • Statewide numbers aren’t as important as local data (Follow my Marin market statistics!)
  • If the government does not put more policies in place to put people to work and fuel job growth, the recession will go on for quite some time.

If you are unable to see the video, please click here

Interested in Marin market data? Sign up to receive very detailed real-time market reports in your email. Learn about Marin County price trends, supply and demand, leading indicators and more.  Download a sample report.

Marin County April Closed Sale Statistics

May 6th, 2009 By Ginger Wilcox

 

Marin-Real-Estate-Sales-Statistics-April09

Marin County Homes Sales Statistics, April 2009

Marin County Home Sales Apr 08 Apr 09 % Change
For Sale 833 900 8%
Sold 141 104 -26.2%
Pending 142 141 -0.7%

*Marin County Single Family Residential Home Sales


Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.

*Report published May. 2009, based on data available at the end of Apr. 2009. Data provided by Bay Area Real Estate Information Services, Inc. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

A Gloomy Moment in History

February 19th, 2009 By Ginger Wilcox

This is reprinted with permission from an email sent to my company, Alain Pinel, by Alain Pinel Owner/CEO Paul Hulme

Did you read the editorial in yesterday’s paper?

THE AWFUL UNCERTAINTY OF THE FUTURE

It is a gloomy moment in history. Not in the lifetime of any man who reads his paper has there been so much grave and deep apprehension; never has the future seemed so dark and incalculable.

In France, the political cauldron seethes and bubbles with uncertainty. 

England and the English Empire is being sorely tried and exhausted in a social and economic struggle, with turmoil at home and uprising of her teeming millions in her far-flung Indian Empire.

The United States is beset with racial, industrial and commercial chaos – drifting, we know not where.

Russia hangs like a storm cloud on the horizon of Europe – dark and silent.

It is a solemn moment, and no man can feel indifference, which happily no man pretends to feel in the issue of events. 

Of our own troubles, no man can see the end………..

This editorial sounds pretty gloomy, doesn’t it? The writer evidently was weighted down by present problems and quite ready to sell our Nation short.  Did I say “present problems”?  Excuse me, please.  No, far from it.  This editorial appeared before 9/11, Vietnam, before the Korean conflict, before World War II, before the Depression of 1929, before the First World War in 1914, before the Panic of 1891, before the Civil War in 1865.

It was an editorial in Harper’s Weekly – October 10, 1857. One hundred and fifty-two years ago!  Yes, our country is going through difficult economic times, but hang in there. And remember, “The race goes not always to the swift nor to the strong, but to those who endure to the end.” 

This, too, shall pass.

Mill Valley Real Estate Market Report

February 16th, 2009 By Ginger Wilcox

San Rafael Real Estate Market Report

February 16th, 2009 By Ginger Wilcox

This market profile is a snapshot of what is happening in San Rafael. San Rafael home prices in the 94903 zip code have continued to trend down in recent weeks while home prices in the 94901 zip code have stayed flat.  While the listing inventory in San Rafael has been decreasing, days-on-market has been increasing.  The Market Action Index has been basically flat, not providing a strong indication of the direction of the San Rafael real estate market. 

San Rafael Real Estate Market Update

There are currently 180 homes for sale in San Rafael, California.  There are 41 San Rafael homes under contract.

Area- Zip Code

94901

94903

Median List Price $889,500 $699,000
Highest Priced San Rafael Home
(single family)
$4,500,000
349 Bay Way, San Rafael
$6,500,000
1677 Lucas Valley Rd, San Rafael
Lowest Priced San  Rafael Home
(single family)

$375,000
117 Auburn Street, San Rafael

$379,900
842 Rincon Way, San Rafael
Asking Price per Square Foot $450 $407
Average Days on Market 126 149
Percent of Properties with Price Decrease 39% 49%
Percent Relisted 9% 2%
Median House Size (sq ft) 2,047 1,833
Median Lot Size 8,001-10,000 Sq. Feet 8,001-10,000 Sq. Feet
Median Number of Bedrooms 3.8 4.0
Median Number of Bathrooms 2.4 2.0
Market Action Index 14- Cold! Buyer’s Market 15- Cold! Buyer’s Market

The Market Action Index answers the question:
How’s the San Rafael Real Estate Market?”
By measuring the current rate of sale versus the amount of inventory.
Index above 30 implies seller’s market conditions.
Below 30, conditions favor the buyer.


San Rafael Real Estate Market Data effective as of February 15, 2009. Data provided by AltosResearch and Bay Area Real Estate Information Services, Inc. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.

Larkspur Real Estate Market Report

February 16th, 2009 By Ginger Wilcox

Kentfield-Greenbrae Real Estate Market Report

February 16th, 2009 By Ginger Wilcox

Fairfax Real Estate Market Report

February 16th, 2009 By Ginger Wilcox

  • APR
    Fair Housing

    Be Our Fan On

    Facebook

    Share:

    ShareThis

    © 2010 SF North    |    DRE#: 01399812