Marin County and Southern Sonoma County Real Estate Market Conditions Update for July 2008

The table below shows the sales activity for Marin County and Southern Sonoma County for the month of July 2008, sorted alphabetically by the name of the City.

City

# of homes sold

Average Days on Market

Average ORIGINAL Asking Price

Average FINAL Selling Price

# Sold AT Original Asking Price

# Sold OVER Original Asking Price

% of Available Listings in Escrow

Corte Madera

14

38

$1,175,429

$1,125,939

1

2

21%

Fairfax

10

92

$815,500

$754,030

1

1

23%

Greenbrae

12

63

$1,031,833

$1,032,304

2

4

38%

Kentfield

3

83

$1,761,333

$1,695,000

-

1

33%

Larkspur

9

89

$1,642,544

$1,514,889

2

-

25%

Mill Valley

30

58

$1,749,798

$1,653,445

2

8

21%

Novato

51

128

$710,033

$629,010

3

2

26%

Ross

2

199

$2,587,000

$2,025,000

-

-

18%

San Anselmo

13

55

$1,484,538

$1,429,462

3

-

18%

San Rafael

49

71

$838,168

$791,750

5

1

25%

Sausalito

9

91

$953,605

$889,111

1

-

9%

Tiburon

11

84

$1,812,355

$1,655,227

1

-

14%

Marin County

231

82

NA

$1,090,461

NA

NA

22%

Petaluma

65

113

$528,341

$487,202

6

13

32%

Sonoma

30

120

$904,936

$812,213

1

3

15%

Please note that all Original Asking Prices are without any price reductions.

This information is current as of August 5, 2008 and the sources are BAREIS and CleanOffer. I update this monthly, as well as month-by-month sales charts. If you are interested I also provide more in-depth reports for each individual city.

And for those of you who find all this talk about real estate boring and you just want to know what fun things there are to do for the month of August, click here.