Archive for the ‘Ross’ Category
Despite a tough luxury home market, luxury homes are still selling in the San Francisco Bay Area. Marin County saw some of it’s most expensive homes sell in 2010. There were 61 Marin County homes sold over three million dollars in 2010 representing a total sales volume of $269,944,655. This compares to 50 homes sold over three million dollars in 2009, representing a total sales volume of $214,291,988.
2010′s Top 10 Most Expensive Home Sales in Marin County
| 1 Upper Rd Ross, CA 94957 | $14,000,000 |
| 67 Belvedere Ave Belvedere, CA 94920 | $11,750,000 |
| 7 Laurel Grove Ave Ross, CA 94957 | $8,000,000 |
| 3680 Paradise Dr Tiburon, CA 94920 | $7,800,000 |
| 8 Eucalyptus Rd Belvedere, CA 94920 | $7,140,000 |
| 4639 Paradise Dr Tiburon, CA 94920 | $7,000,000 |
| 133 Sugarloaf Dr Tiburon, CA 94920 | $6,900,000 |
| 77 Harrison Ave Sausalito, CA 94965 | $6,834,000 |
| 3910 Paradise Dr Tiburon, CA 94920 | $6,500,000 |
| 232 Trinidad Dr Tiburon, CA 94920 | $6,500,000 |
Data from BAREIS MLS. Information deemed reliable but not guaranteed.
There have been 50 Marin homes over three million dollars sold since January 1, 2010. In the same time frame last year, there were 37 homes over three million dollars sold in Marin. Yes, despite the mortgage mess the overall luxury home market has actually improved since 2009 in terms of number of sales.
As you can see in the chart above, the town of Tiburon tops the list of the most homes over three million dollars sold. The bulk of the luxury home sales are still under 3.5 million.
Top Ten Most Expensive Homes
The top ten most expensive homes sold year-to-date in Marin are as follows:
| Ross | 1 Upper Rd Ross, CA 94957 | 17,500,000 | 1/15/10 | 14,000,000 |
| Ross | 7 Laurel Grove Ave Ross, CA 94957 | 10,000,000 | 1/20/10 | 8,000,000 |
| Tiburon | 3680 Paradise Dr Tiburon, CA 94920 | 8,800,000 | 4/2/10 | 7,800,000 |
| Belvedere | 8 Eucalyptus Rd Belvedere, CA 94920 | 7,500,000 | 10/19/10 | 7,140,000 |
| Tiburon | 4639 Paradise Dr Tiburon, CA 94920 | 7,485,000 | 8/3/10 | 7,000,000 |
| Tiburon | 133 Sugarloaf Dr Tiburon, CA 94920 | 6,995,000 | 7/15/10 | 6,900,000 |
| Sausalito | 77 Harrison Ave Sausalito, CA 94965 | 8,750,000 | 4/15/10 | 6,834,000 |
| Tiburon | 232 Trinidad Dr Tiburon, CA 94920 | 7,995,000 | 3/10/10 | 6,500,000 |
| Kentfield | 65 Rock Rd Kentfield, CA 94904 | 5,500,000 | 5/17/10 | 5,500,000 |
| Mill Valley | 401 Lovell Ave Mill Valley, CA 94941 | 5,695,000 | 9/26/10 | 5,500,000 |
Both the price per square foot and the list price to sales price ratios were almost identical in 2009 and 2010. What’s to come for the luxury market? It’s still unclear how the meltdown of the mortgage markets will impact the overall economy and confidence in the real estate market. We’ll be watching carefully to see what’s next.
*information from Bay Area Real Estate Information Services.
The Pixie Park Spring Fair takes place in Ross today. This is the 52nd annual occurrence of this popular event features music, food, games & rides for children up to age six. Admission is free. Games, rides, and food do require purchased tickets. Get there early, it looks like possible afternoon rain.
The event features children’s pony rides, a petting zoo, bouncy houses, bathtub races, a vintage train and more. Tim Cain, The Bubble Lady, The Lizard Lady and and Budderball the Clown will provide entertainment for the kids and the Wronglers will provide more adult music.
- What: 52nd Annual Pixie Park Spring Fair
- When: Today! Saturday, May 22, 9am-3pm
- Where: Marin Art and Garden Center, 30 Sir Francis Drake Blvd, Ross (map)
- Parking: Parking available at College of Marin (free shuttle), Ross Common, $10 parking at the Marin Art & Garden Center
- Admission: Free admission, Games & Rides require paid tickets
- More info: Pixie Park website
Have a great weekend!
It is not often you get to peek into some of the nation’s most beautiful (and expensive!) gardens. The residents of the Town of Ross will open its arms and gardens next weekend to benefit the Ross School.
Highlights of the tour include:
- a remarkable and resplendent rose garden with over 400 rose bushes
- a European inspired villa with an unparalleled bird’s eye view of the heart of Ross
- a timeless garden that harkens back to an era of elegant garden parties
- a romantic Victorian estate that is steeped in tradition yet updated with chic and sublime garden design.
This is one of my favorite local tours. It is fun to be a voyeur for the day and look into the backyards of stunning Ross residences. The gardens are always splendid and the weather is usually typical Marin bliss. Make it a day and enjoy an alfresco lunch (available from 11am-2:30 pm, order ahead to guarantee availability and afternoon tea from 3-5pm.
An all new Marketplace will be featured this year with vendors and educators coming together to create a delightful outdoor destination. The Marketplace is open from 9am-5pm.
- What: Ross Garden Tour
- When: Saturday, May 8, 2010, 9:00-3:00 pm
- Where: Shuttle service begins at the Marin Art and Garden Center
- FAQs
- Purchase Tickets
- Benefits the Fine Arts Program at Ross School
- More Info
~Ginger
What is happening in Ross Real Estate?
Supply & demand for Ross homes is improving. The number of Ross homes selling is exceeding the number of Ross homes going on the market. Prices are relatively flat. Keep in mind that Ross real estate stats can be easily skewed by a home or two because the number of homes for sale is so small.
| 7-day stats for Single Family properties in
ROSS, CA as of August 28, 2009 |
|||
|---|---|---|---|
| Median List Price | $2,595,000 | Average List Price | $4,225,960 |
| Total Inventory | 25 | Price per Square Foot | $896 |
| Average Home Size | 3,122 | Median Lot Size | 32,670 |
| Average # Beds | 4.36 | Average # Baths | 3.90 |
| Homes Absorbed | 2 | Newly Listed | 2 |
| Days on Market | 168 | Average Age | 69 |
This market profile is a snapshot of what is happening in Ross. Ross home prices continue to bounce around current levels in recent weeks. Home inventory has been trending up but the days-on-market has been trending down. The Market Action Index has been essentially flat.
| Ross Real Estate Market Update | |
| Median List Price | $2,697,000 |
| Asking Price per Square Foot | $891 |
| Average Days on Market | 73 |
| Percent of Properties with Price Decrease | 62% |
| Percent Relisted | 0% |
| Median House Size (sq ft) | 3,625 |
| Median Lot Size | 0.50-1.00 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.5 |
| Market Action Index | 12 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Ross 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.
Ross Real Estate Market Data effective as of November 17, 2008. Data provided by AltosResearch. 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.
This market profile is a snapshot of what is happening in Ross. Home prices are up this week in Ross have dipped slightly but they have settled in recent weeks. With inventory trending up but days-on-market and the Market Action Index essentially flat recently, conditions don’t seem to a have strong up or down pull. (more…)
Single Family homes under contract in Marin County July 2008 compared to Marin homes under contract in July 2007 (more…)
Single Family homes under contract in Marin County
April 2008 vs. April 2007
| Belvedere | +200% |
| Corte Madera | +8% |
| Fairfax | -38% |
| Greenbrae | +25% |
| Kentfield | +40% |
| Larkspur | -75% |
| Mill Valley | -36% |
| Novato | -20% |
| Ross | -50% |
| San Anselmo | -12% |
| San Rafael | +7% |
| Sausalito | +17% |
| Tiburon | +85% |
Countywide, the number of Marin homes for sale was up almost 16% from last April. The number of homes under contract was down about 13% while the number of units sold is down about 31%.
While the number of homes sold in April 2008 vs April 2007 is dismal, the glimmer of hope is in the units under contract. We have gradually seen this number get closer to 2007 numbers for many Marin cities, indicating next month’s sold number may be even better.
The median home sale price in Ross was $6,750,000 in February 2008. The number of homes on the market is just slightly higher from one year ago (14 Ross listings in February 2008 vs 13 Ross listings in February 2007), while the number of Ross homes under contract stayed flat.
The number of closed sales was up significantly from one year ago with four compared to just one Ross home sold in February 2007.
| Ross Homes |
Feb 2007 | Feb 2008 | ∆ | % ∆ |
| For Sale | 13 | 14 | 1 | 7.69 |
| Under Contract | 1 | 1 | 0 | 0 |
| Sold | 1 | 4 | 3 | 300.0 |
| Ross Sales | List Price | Sales Price |
| 19 El Camino Bueno | $2,095,000 | $1,665,000 |
| 59 Bridge Rd | $7,100,000 | $5,500,000 |
| 2 Upper Rd W | $10,000,000 | $8,000,000 |
| 104 Laurel Grove Avenue | $8,500,000 | $8,500,000 |