Novato, CA Real Estate Market Conditions Update ~ August 2009

As of September 11, 2009 an encouraging 49% of available listings are in escrow.

For the month of August 2009 60 homes sold in Novato, for an average final selling price of $571,464.

The average original asking price of these homes was $607,933.

The range of final selling prices was from a low of $108,500 to a high of $2,100,000.

Of the 60 homes that sold (with a whopping 34 of them being distress sales) 6 sold at their original asking price and 13 sold over their original asking price. All others sold for less.

It took these homes an average of 107 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.