Tiburon, CA

As of November 6, 2009 a mere 14% of available listings in Tiburon are in escrow.

For the month of October 2009 only 8 homes sold in Tiburon, for an average final selling price of $2,408,125.

The average original asking price of these homes was $2,703,556.

The range of final selling prices was from a low of $490,000 to a high of $6,500,000.

Of the 8 homes that sold, 1 sold at the original asking price and 1 sold for more than the original asking price.

It took these homes an average of 88 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

Belvedere and Tiburon sit on the Tiburon Peninsula and associated islands, just across a narrow portion of the San Francisco Bay and the Golden Gate Bridge. Real estate is expensive. Several homes each year sell for $5 million and up. As 2009 began to unwind, the luxury sector was flat for obvious reasons and it seemed as though the highly valued luxury homes with jetliner views and royal class appointments would never sell again — that has changed. For three months straight we have experienced sales above the $5 million mark.

As of October 9, 2009 a mere 6% of available listings in Tiburon are in escrow.

For the month of September 2009 only 7 homes sold in Tiburon, for an average final selling price of $2,246,429.

The average original asking price of these homes was $3,069,857.

The range of final selling prices was from a low of $580,000 to a high of $5,880,000.

Of the 7 homes that sold (1 of which was a distress sale) 2 sold over their orignal asking prices and all other sold for less than their original asking price.

It took these homes an average of 256 days to sell.

To see everything that is currently for available for sale on our MLS, click here.

For more information about this area visit my website or feel free to contact me directly.

Tiburon and Belvedere, California real estate is some of the most valuable in the Bay Area — Belvedere had a closing at $5.1 million in August 2009. Perhaps because of this, sales and activity remain choppy, despite the favorable market environment for buyers. In fact, even the "anti-real estate" Wall Street Journal recently noted that the real estate market "has rarely looked better" click HERE for article.

There are currently 113 active listings in the 94920 zip code, which covers Tiburon and Belvedere (up by about 10 properties from last month). Twenty of these properties are priced over $5 million. While last month’s report noted increasing activity, it appears we are back to baseline experienced in the first quarter of 2009. There were just 8 sales in August 2009 and 6 of these were under $1 million. There are currently 29 active properties listed for sale under $2 million in Tiburon and Belvedere — 7 additional homes are in escrow.

[Click HERE for the rest of the article, courtesy of www.NorthBayRE.com].

As of September 11, 2009 only a mere 9% of available listings in Tiburon are in escrow.

For the month of August 2009 only 8 homes sold in Tiburon, for an average final selling price of $1,310,625.

The average original asking price of these homes was $1,500,273.

The range of final selling prices was from a low of $645,000 to a high of $2,575,000.

Of the 8 homes that sold (2 of which were distress sales) 1 sold at the original asking price and 1 sold over the original asking price.

It took these homes an average of 119 days to sell.

To see everything that is currently available on our MLS click here.

To learn more about this area visit my website or contact me directly.