Latest Sales Trends

Sales Volume and Prices Rise!

2010 is starting off very strong in comparison to 2009. Total sales volume has increased over $110,000,000 or 77%.   But how much of this gain reflects sales in the distressed sector?  The answer is less than it did in 2009.  In 2009 44% of the units sold were distressed as compared to 38% in 2010.  There is a noticeable increase in the median and average price for both distressed and non distressed properties.  This is due to a shift in the troubled sector from the very low end properties, primarily located in Novato and central San Rafael, to low-mid range ($500,000-$750,000) properties throughout the county.