LONG AWAITED RECOVERY After dipping to a low of 52 sales in the first quarter of 2009, Marin County’s luxury real estate market seems to be recovering quite well from the real estate woes that have plagued the high end market in the past few years. For purposes of this report, I will be…
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The market has made a drastic change in direction since the beginning of this year as reduced prices and headline-making interest rates are attracting qualified buyers feeling that the bottom has finally been reached. From entry-level homes to luxury estates, the Marin County housing market gained more momentum in April as many optimistic buyers and…
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Just like the rest of Marin County, Larkspur is currently suffering from extremely, unusually low housing inventory levels. Here are statistics on the Marin County real estate market today: Currently FOR SALE Avg. Days on Market: 75 Days Listings Currently for Sale: 19 Newest Listing: 05/04/2012 Shortest/Longest: 3 Days/357 Days Recently SOLD Avg. Days…
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Bidding Wars are Back This is an excellent video to watch as Redfin CEO has an excellent grasp of the market. And his description of today’s buyers and sellers is totally relevant to Marin County where the supply of homes is extremely low and homes receive multiple offers as soon as they come on the…
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While we have witnessed the signs of a timid recovery in the housing market in Marin County for some time now, the market began to turn around in earnest in 2011 and really has gained traction in 2012. The number of well qualified buyers willing and able to purchase appears to be higher than it…
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Larkspur Single Family Market Summary for the past thirty days: Here is a snapshot of the Larkspur market, including active listings, contingent and pending listings and recent sales. For a full report with pictures, maps and clickable links to each listing, click here. If you would like to receive this report weekly, biweekly or monthly, or a…
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The housing market took a step back in February, but remains near post-Recession highs.
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Just like the rest of Marin County, Larkspur is suffering from a severe lack of inventory. There were only 14 homes for sale during the month of February 2012, compared to 26 during February 2011. Of the 14 homes, 8 sold compared to 1 in February 2011 and 8 went pending (in contract). The discrepancy…
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TRENDS AT A GLANCE Marin County –For Sale/Sold/Pended (i.e. in contract) – All property types and price ranges A picture is worth a thousand words, and the above chart perfectly sums up the state of the Marin County real estate market: limited supply (the lowest in the past eight years!) and very high and increasing…
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Single Family Homes: The Marin County real estate spring selling season traditionally kicks off after Super Bowl Sunday. However, the unseasonably warm and sunny weather we’ve enjoyed recently, rock bottom interest rates and reduced home prices, have spurred buyers to step up and snap up properties in January in all price ranges, often within just…
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