Archive for the ‘Tiburon-Belvedere’ Category
This market profile is a snapshot of what is happening in Tiburon. Tiburon home prices went down again this week while listing inventory and days-on-market have been increasing. These trends indicate a weakening market. The Market Action Index has been essentially flat.
| Tiburon Real Estate Market Update | |
| Median List Price | $2,465,500 |
| Asking Price per Square Foot | $880 |
| Average Days on Market | 121 |
| Percent of Properties with Price Decrease | 41% |
| Percent Relisted | 3% |
| Median House Size (sq ft) | 3,037 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.5 |
| Market Action Index | 15 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Tiburon 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.
Tiburon 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 Tiburon.
Home prices are down again this week in Tiburon while the average days on market continues to to climb. The market action index remains flat. (more…)
This market profile is a weekly snapshot of what is happening in Tiburon.
Home prices are down again this week in Tiburon while the home inventory and days on market continues to to climb. The market action index remains flat.
| Tiburon Real Estate Market Update | |
| Median List Price | $2,747,500 |
| Asking Price per Square Foot | $916 |
| Average Days on Market | 97 |
| Percent of Properties with Price Decrease | 28% |
| Percent Relisted | 1% |
| Median House Size (sq ft) | 3,166 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.5 |
| Market Action Index | 14 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Tiburon 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.
Tiburon Real Estate Market Data effective as of September 21, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
This market profile is a weekly snapshot of what is happening in Tiburon.
Prices in Tiburon continue to bounce around all over the map while the amount of inventory and days on market continues to to climb.
| Tiburon Real Estate Market Update | |
| Median List Price | $2,794,950 |
| Asking Price per Square Foot | $940 |
| Average Days on Market | 94 |
| Percent of Properties with Price Decrease | 34% |
| Percent Relisted | 2% |
| Median House Size (sq ft) | 3,339 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.6 |
| Market Action Index | 14 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Tiburon 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.
Tiburon Real Estate Market Data effective as of August 10, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
Fast Facts About Tiburon
- Tiburon Population= 8,666*
- In 2006, there were approximately 3712 housing units
- Tiburon covers a land area of just under 4.5 square miles and a water area of approximately 8.7 square miles
- Tiburon Zip Code = 94920
*per 2000 U.S.Census
More Tiburon Resources:
Where to Stay in Tiburon
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.
If you are a movie buff, Tiburon is the place to be over the next week. 
The 7th annual Tiburon International Film Festival begins on Thursday in Tiburon. The event features over 200 films from 90 countries. Tickets for films are $10 for general admission and $7 for students and seniors.
The Opening Night Gala takes place on Thursday, March 13 at the Corinthian Yacht Club (tickets $75). The Meet the Filmmakers Party takes place on Friday, March 14 (tickets $25). The festival closes out on Friday, March 21 with the Closing Night & Awards Ceremony event at the Corinthian Yacht Club (tickets $55).
The films will be shown at the Tiburon Playhouse Theater at 40 Main Street. The festival office is located at 1680 Tiburon Blvd.
Many cities and towns in Marin County require mandatory re-sale inspections before a seller transfers home ownership to a buyer.
Marin Cities that require resale inspections
- Belvedere
- Corte Madera
- Fairfax
- Larkspur
- Mill Valley
- Novato
- San Anselmo
- San Rafael
- Tiburon
Fees range widely from about $100 to close to $300 in Novato. Ouch! In addition, what is inspected during these inspections vary widely. Most check to make sure permits for any property improvements have been pulled. The cities also note issues that may not be compliant with current building codes, check on zoning, property usage, etc. Re-sale inspections in Marin county do not cover property condition, quality of construction, general defects with the property, termites, etc. Look for a general home inspection and a termite inspection to cover these items.
Marin sellers are strongly encouraged to perform the city/town re-sale inspections prior to going on their market. Your Marin real estate agent should help you arrange this. Some Marin cities and towns take an extended period of time to schedule inspections and also to return the inspection report. If you do not get the report in time, you could end up delaying close of escrow.
If you have not pulled permits, you may be fined, asked to pull those permits retroactively and in some instances, sellers have been asked to remove unpermitted improvements.
I have seen many deals fall apart after the reports are returned on a city/town resale inspection. Buyers don’t like surprises at the last minute. It is much better to know any issues relating to the city inspection before you find a buyer!
Marin home buyers: Never sign off on your resale inspection unless you have seen the report in your hands. Even if you attend the inspection, the city inspector may add mandatory items that you aren’t expecting. View the actual report. Some Marin cities and towns (such as Tiburon)do a re-inspection of required items (with an additional fee). If you fail to make corrections within your allotted time period, you may get fined per day. At last check, Tiburon fines racked up fines at a cool $103 a day. Now that can add up quickly!
Tiburon Home SalesJanuary 1, 2008 – February 19, 2008 |
|
| # of Tiburon Homes Sold since Jan 1 | 8 |
| Lowest Tiburon Home Sale | $1,450,000 |
| Highest Tiburon Home Sale | $10,500,000 |
| Average Tiburon Home Sales Price | $3,565,904 |
| Median Tiburon Home Sales Price | $2,780,000 |
Single Family Residential Homes Only.
Statistics as of February 19, 2007 from BAREIS Marin County MLS®.