Posts Tagged ‘Marin Real Estate’
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 Mill Valley. Home prices in Mill Valley have been moving up in recent weeks, but with recent market changes, I would expect a downward trend.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,349,000 |
| Asking Price per Square Foot | $646 |
| Average Days on Market | 97 |
| Percent of Properties with Price Decrease | 45% |
| Percent Relisted | 6% |
| Median House Size (sq ft) | 2,150 |
| Median Lot Size | 8,001-10,000 Sq. |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Mill Valley 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. The Market Action Index has remained flat in recent weeks.
Mill Valley 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 Kentfield.
Kentfield listing inventory has been tightening and the days on market has been increasing.
| Kentfield Real Estate Market Update | |
| Median List Price | $2,150,000 |
| Asking Price per Square Foot | $782 |
| Average Days on Market | 127 |
| Percent of Properties with Price Decrease | 62% |
| Percent Relisted | 10% |
| Median House Size (sq ft) | 2,933 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.3 |
| Market Action Index | 12 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Kentfield 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. The Market Action Index remains flat and clearly shows a very buyer friendly market.
Kentfield 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 is my first Marin County real estate update via video.
Please excuse the ummmms and enjoy the snapshot of what is happening in Marin Real Estate!
We have all heard the old saying “a picture is worth a thousand words.” Do pictures really matter? Should you care if your agent takes photos themselves or hires a photographer?
Teresa Boardman, a St. Paul real estate expert and a talented photographer, had this advice for her fellow agents on a recent blog titled “Give It Your Best Shot”
You are a Realtor dammit, Not a Photographer…. I Hang my Head in Shame
As an industry we have a lot of work to do when it comes to how we present our listings on line
What is Teresa talking about? Around the country and even here in our luxury Marin real estate market, real estate agents are taking photographs of their own listings. I have seen two and three million dollar homes with photos taken by the real estate agent (who doesn’t happen to have Teresa Boardman’s photographic talent). Even worse, I have seen six million dollar listings without any photographs, but that is a whole other story.
I recently took this picture of a dining room. NOTE- I did not use it anywhere. The lighting stinks, the angle is wrong. Fortunately, I am a much better real estate agent than a photographer.
I then hired a photographer to shoot this same room. Doesn’t this look a lot better? Which one is more compelling?
In Marin County, the quality of a picture can easily equal a million dollars or much more. Why? Home buyers start their home search online. ALL of the buyers I work with look at photos online. If a home is not immediately compelling, it often gets discarded. There are times when I have to drag a buyer kicking and screaming to a home because I have seen it in person and think it might be a good match (but they didn’t like the pictures online). If these particular home buyers don’t happen to have an agent willing to drag their buyers into a home by their hair, the would most likely NEVER SEE YOUR HOME.
What does this mean? Home buyers are looking on the internet.
High quality pictures are worth far more than almost any other piece of a real estate agent’s marketing.
When interviewing your next agent, ask them for samples of the photographs used for their last listing. Are the photos compelling? Is the lighting decent? Is the toilet shut in the bathroom picture? If not, you should think twice about hiring that agent. It could cost you a buyer, and a lot of money.
This market profile is a weekly snapshot of what is happening in Kentfield.
Kentfield home prices have been hovering around the same median price recently. Home inventory has been tightening, which is a good sign for Kentfield real estate.
| Kentfield Real Estate Market Update | |
| Median List Price | $2.074,500 |
| Asking Price per Square Foot | $768 |
| Average Days on Market | 107 |
| Percent of Properties with Price Decrease | 40% |
| Percent Relisted | 0% |
| Median House Size (sq ft) | 2,992 |
| Median Lot Size | 0.50-1.0 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.4 |
| Market Action Index | 15 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Kentfield 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.
Kentfield 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.
This market profile is a weekly snapshot of what is happening in San Anselmo.
This week saw a downward notch for prices in San Anselmo. Home pricing has been weak in recent weeks.
| San Anselmo Real Estate Market Update | |
| Median List Price | $1,154,500 |
| Asking Price per Square Foot | $569 |
| Average Days on Market | 77 |
| Percent of Properties with Price Decrease | 54% |
| Percent Relisted | 4% |
| Median House Size (sq ft) | 2,333 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 3.5 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the San Anselmo 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 Anselmo 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.
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.
This market profile is a weekly snapshot of what is happening in Mill Valley.
This week saw a downward notch for prices. Pricing has been weak in recent weeks.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,295,000 |
| Asking Price per Square Foot | $652 |
| Average Days on Market | 95 |
| Percent of Properties with Price Decrease | 49% |
| Percent Relisted | 3% |
| Median House Size (sq ft) | 2,139 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Mill Valley 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.
Mill Valley 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.