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May Main Real Estate News

Bay Area Real Estate Sales.com Newsletter

May 2008

 

IN THIS ISSUE:

 

Marin Home Sales Statistics

More Detailed Analysis of The April Marin Market

Forecasters See Weak Economy Even If Housing, Credit Improve

2007 Cost Vs Value Remodeling Report Now Available

What Did Your Neighbors' House Sell For?

Search the Marin Multiple Listing Service for A New Home

Fast Facts

The Bay Area Real Estate Newsletter Is Provided To You By:

 

 

MARIN HOME SALES STATISTICS

By Liz McCarthy

 

The overall Marin Market is again in "Buyers Market" category for the 4th straight month in a row. Kentfield, interestingly is in a "Balanced" Market as my most recent stat analysis as of Mary 21, 2008. For more details on the April market, see the story below:

More Detailed Analysis of The April Marin Market Be sure to check out the individual cities and price ranges of homes you may be interested in buying/selling in the chart below. Homes priced over $3M are in an "Extreme" or "Strong Buyers Market" category.

 

There is a lot of great information contained in this month's newsletter. I hope you find it informative.

 

If you would like to see all of the recent home sales (by address) in Marin my Real Estate company (Vision Real Estate) publishes these here: http://westbayre.com/frame_main.htm

 

MARIN HOME (CONDO + SFR) SALES STATISTICS - BY CITY AS OF 5/21/08

 

City

 

Total

 

Active

Number in Contract***

Percent in Contract*

Type of Market*

(See Key)

Belvedere

21

18

3

14%

Strong Buyers

Corte Madera

46

33

13

28%

Buyers

Fairfax

41

33

8

20%

Strong Buyers

Greenbrae

28

23

5

18%

Strong Buyers

Kentfield

36

25

11

31%

Balanced

Larkspur

35

28

7

20%

Strong Buyers

Mill Valley

175

131

44

25%

Buyers

Novato

451

352

99

22%

Buyers

Ross

19

14

5

26%

Buyers

San Anselmo

85

67

15

18%

Strong Buyers

San Rafael

407

315

92

23%

Buyers

Sausalito

65

51

14

22%

Buyers

Tiburon

89

74

15

17%

Strong Buyers

Others

87

62

25

29%

Buyers

Total Marin 5/21//08

1582

1226

356

22.50%

Buyers

Total Marin 4/15/08

1375

1085

290

21.09%

Buyers

Total Marin 3/16/08

1157

913

244

21.09%

Buyers

Total Marin 2/18/08

949

742

207

21.81%

Buyers

Total Marin 1/17/08

802

674

128

15.96%

Strong Buyers

Total Marin 12/18/07

932

757

175

18.78%

Strong Buyers

Total Marin 11/17/07

1,146

904

242

21.12%

Buyers

 

MARIN HOME SALES STATISTICS - BY PRICE RANGE AS OF 5/21/08

 

Price

 

Total

 

Active

Number in Contract***

Percent in Contract*

Type of Market*

(See Key)

$100,000-$499,999

311

220

91

29%

Buyers

$500,000-$749,999

344

266

78

23%

Buyers

$750,000-$999,999

294

242

52

18%

Strong Buyers

$1,000,000-$1,499,999

274

215

59

22%

Buyers

$1,500,000-$1,999,999

138

103

35

25%

Buyers

$2,000,000-$2,499,999

72

53

19

26%

Buyers

$2,500,000-$2,999,999

51

40

11

22%

Buyers

$3,000,000-$3,999,999

41

37

4

10%

Extreme Buyers

Over $4,000,000

57