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Novato Home Back on the Market!
One of the finest homes for the price is back on the market! The owner took the home off the market for a short time to upgrade some of the fixtures and do some painting. This home is excellent. It offers:
For recorded information and/or an exclusive showing call:
1-800-950-6159 ext 1003
For more photos and information go to:
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Novato Open House 11-15-09
Come by 2424 Vineyard Road in Novato on Sunday from 1-4 PM to see an unbelievable home. Pool, SPA, Corner Lot, almost a 1/2 acre, gourmet kitchen and more. The property used to be a horse property and can be again.
This house is coming back on the Market Monday 11-16-09, but we will have a special preview open house on Sunday November 15 from 1 to 4 PM.
This house was fantastic, but has now fixtures and amenities have been updated and enhanced to look and appeal of the home. I do not even have the new pictures of the inside to show you yet.
For recorded information and/or an exclusive showing call:
1-800-950-6159 ext 1003
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As of November 6, 2009 an impressive 49% of all available listings in Novato are in escrow.
For the month of October 2009 a whopping 72 homes sold in Novato, for an average final selling price of $560,843. (30 of those 72 homes were distress sales.)
The average original asking price of these homes was $596,785.
The range of final selling prices was from a low of $129,500 to a high of $1,755,000.
Of the 72 homes that sold 6 sold at their original asking price and 15 sold over their original asking price. All others sold for less than their original asking price.
It took these homes an average of 94 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.
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Leaves are starting to hit the ground as the days grow shorter. But, Novato’s hot market shows no signs of cooling down. In October 2009, 50 Novato, California homes sold, compared with 35 sales in September 2009. Suffice it to say, the Novato real estate market is hot. Entry level home sales have shown sustained strength for the past 6 months. The number of homes actively listed in Novato remains very low compared with the rest of Marin (and the percentage of homes in escrow remains much higher than the rest of Marin). This exceptional demand is based on stunning affordability (homes are selling now for prices nobody could have dreamed of 3 short years ago) and the fantastically low interest rates. While the average sales price of Novato homes rose in August to a remarkable $713,440 (based in large part on the makeup of sales), that number fell back to Earth in September — $646,389. Last month, the average sales price rose to $667,788. Certain zip codes are performing exceptionally well. For example, in 94949 (Southern Novato) the percentage of homes in escrow is up 38% from last October and the average days on market is down 70%. This is simple supply and demand. Savvy buyers waiting for “the bottom to hit” recognize that we may be there and that any further price erosion will be outweighed by increased interest rates which are likely around the bend. Surely, home buyers in Novato are finding that it is increasingly difficult to identify “turnkey” homes under $550,000. In the 94949 zip code, median prices year over year dipped a mere 3%. I think many casual observers would be surprised. Local agents are all talking about a “bounce” in prices over the past several months.
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I am so excited to be going to ActiveRain Camp in San Francisco. I got an email this morning about it and the next thing you know I am signed up...and with early adopter tickets I got a special price.
RainCamp will be held at Mission Bay Conference Center at UCSF 1675 Owens St. Suite 251 San Francisco, CA. It's on Wednesday, December 2nd, 2009 from 9:00am to 4:00pm.
If you live in the Marin/Sonoma County Area and you are going would you like to car pool to this event if so please call toll free 877.267.4649, This is going to be such an awesome event!!!
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