Tiburon Real Estate Market Update- Week of Jan 22, 2010

January 26th, 2010 By Ginger Wilcox

What is happening in the Tiburon real estate market?  The charts and stat table below reflect real estate activity for single family homes in Tiburon.

Despite the nice pretty chart showing median home list prices increasing, this does not reflect Tiburon closed home sale prices.  At the end of December 2009, the average Tiburon sales price was $1,932,000 versus the average list price of $4,298,000.  As much as I love stats, they are easily skewed with a small number of sales/listings.

There have been two single family home sales in Tiburon year to date.  They are:

• 136 Geldert, Tiburon, CA for $1,810,000
• 208 Taylor, TIburon, CA $3,425,000

There was only one home sold in Tiburon in January 2009 and two in February 2009.  Based on the number of homes under contract, the Tiburon market will look much better in February 2010 over last year for closed sales.  The majority of activity continues to take place in the lower end of the market (under $1.3 million).

Tiburon Real Estate Market Data effective as of January 22, 2010. 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.