Pacific Union International San Rafael CA Real Estate Market Report (July 2010 Home Sales Update)
July 24, 2010
San Rafael, California real estate sales remained strong in June 2010. We had 45 trades (compared to 41 in May). The entry level price band (under $600K) remains hot — 37 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 25% of homes in escrow. The inventory for single family homes for sale increased slightly this month to 198 homes. Increased supply is typical this time of year as many of the overpriced homes from early in the year remain on the market and new listings are added.
Of the 45 homes sold in June 2010, the average:
- days on market was 73 days
- sales price was $746,088
- home size was 1,909 square feet
- $394 per sq. ft.
Homes in Gerstle Park, Lucas Valley and The Dominican generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Pacific Union International. It is always my pleasure to be of service.
Pacific Union International San Rafael CA Real Estate Market Report (June 2010 Home Sales Update)
June 16, 2010
San Rafael, California real estate sales remained strong in May 2010. We had 41 trades (compared to 44 in April). The entry level price band (under $600K) remains very hot — over half of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 27% of homes in escrow. The inventory for single family homes for sale increased this month to 189 homes. Increased supply is typical this time of year as many of the overpriced homes from early in the year remain on the market and new listings are added.
Of the 41 homes sold in May 2010, the average:
- days on market was 62 days
- sales price was $803,949
- home size was 2,042 square feet
- $395 per sq. ft.
Homes in Lucas Valley and The Dominican generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Pacific Union International. It is always my pleasure to be of service.
Pacific Union International San Rafael CA Real Estate Market Report (May 2010 Home Sales Update)
May 14, 2010
San Rafael, California real estate sales jumped again in April 2010. We had 44 trades (compared to 33 in March and 24 in February). The entry level price band (under $600K) remains very hot, with 61% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 33% of homes in escrow. The inventory for single family homes for sale sits at 170 homes (down incrementally from last month).
Of the 44 homes sold in April 2010, the average:
- days on market was 70 days
- sales price was $819,159
- home size was 2,011 square feet
- $409 per sq. ft. (the average price per square foot has been trending downwards at an average of about $5 per month for the past few months, although this past month saw the number jump by about 5%).
Homes in Lucas Valley and Peacock Gap generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Pacific Union International. It is always my pleasure to be of service.
San Rafael CA Real Estate Market Report (April 2010 Home Sales Update)
April 19, 2010
San Rafael, California real estate sales jumped in March 2010. We had 33 trades (compared to 24 in February). The entry level price band (under $600K) remains active, with 47% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has stalled a bit with just 28% of these homes in escrow. The inventory for single family homes for sale sits at 176 homes (we had 117 active listings last month). It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for the past 2 years will feel more confident in the real estate market this year.
Of the 34 homes sold in March 2010, the average:
- days on market was 99 days
- sales price was $697,303
- home size was 1,813 square feet
- $388 per sq. ft. (the average price per square foot has been trending downwards at an average of about $5 per month for the past few months).
Homes in Lucas Valley, The Dominican, Terra Linda North, Sun Valley, and Peacock Gap generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Morgan Lane Marin Real Estate (Pacific Union International). It is always my pleasure to be of service.
San Rafael CA Real Estate Market Report (March 2010 Home Sales Update)
March 15, 2010
San Rafael, California real estate sales held steady in February 2010, with 24 trades. The entry level price band (under $600K) remains active, with 48% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has continued to improve — approximately 47% of these homes in escrow. The inventory for single family homes for sale sits at 115 homes (we had 79 active listings in December 2009). It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for the past 2 years will feel more confident in the real estate market this year.
Of the 22 homes sold in February 2010, the average:
- days on market was 105 days
- sales price was $759,506
- home size was 2,070 square feet
- $373 per sq. ft. (the average price per square foot has been trending downwards at an average of about $5 per month for the past few months).
Homes in Lucas Valley, The Dominican, Terra Linda North, Sun Valley, and Peacock Gap generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Morgan Lane Marin Real Estate (Pacific Union International). It is always my pleasure to be of service.
San Rafael CA Real Estate Market Report (February 2010 Home Sales Update)
February 13, 2010
San Rafael, California real estate sales slowed in January 2010, with 25 trades, down about 20% from December. The entry level price band (under $600K) remains active, with 59% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has risen to about 36% of homes in escrow. The inventory for single family homes for sale has risen significantly to 111 homes (we had 79 active listings last month). It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for the past 2 years will feel more confident in the real estate market this year.
Of the 22 homes sold in January 2010, the average:
- days on market was 94 days
- sales price was $871,625
- home size was 2,230 square feet
- $390 per sq. ft. (the average price per square foot has been trending downwards at an average of about $5 per month for the past few months).
Homes in Lucas Valley, The Dominican, Terra Linda North, and Peacock Gap generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Morgan Lane Marin Real Estate (Pacific Union International). It is always my pleasure to be of service.
San Rafael CA Real Estate Market Report (January 2010 Home Sales Update)
January 19, 2010
San Rafael, California real estate sales slowed in December 2009, with 32 trades, down 33% from November. The entry level price band (under $600K) remains active, with 38% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has dipped to just 29% of homes in escrow. The inventory for single family homes for sale remains steady at 78 homes. It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for the past 2 years will feel more confident in the real estate market this year.
Of the 32 homes sold in December 2009, the average days on market was 94 days, the average sales price was $871,625, and the average home size was 2,230 square feet — roughly $395 per sq. ft. (the average price per square foot has remained virtually unchanged for several months). Homes in Lucas Valley, The Dominican, Terra Linda North, and Peacock Gap generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440.
Kyle Frazier, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Morgan Lane Realtors | Pacific Union International. It is always my pleasure to be of service.
San Rafael CA Real Estate Market Report (December 2009 Home Sales Update)
December 16, 2009
San Rafael, California real estate sales were brisk in November 2009, with 48 trades, up from 31 in September 2009. The entry level price band (under $600K) remains at hot, with 58% of home now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has also seen a rise in the percentage of homes in escrow — 53%.
It is no secret that our current real estate environment in San Rafael favors buyers, not only because of the state of the market, but also because of superior interest rates, FHA loan availability (allowing purchase loans up to $729,000 with 3.5% down), and a shifting mindset by both buyers (who are ready to pull the trigger) and sellers (who are ready to do what it takes to sell). Meanwhile, housing inventory for single family homes fell to 78 homes (from 135 last month).
As reported this Summer, San Rafael listing prices experienced a brief rise from March to June, but that trend has reversed and resumed its downward trajectory. By comparison, asking prices in Novato have been rising for several months, leading many to believe that the bottom has formed in Novato. It does not appear this transition has fully settled in San Rafael.
Of the 48 homes sold in November 2009, the average days on market was 110 days, the average sales price was $771,582, and the average home size was 1,933 square feet — roughly $402 per sq. ft. (the average price per square foot has remained virtually unchanged for several months). Homes in Lucas Valley, The Dominican, Terra Linda North, and Peacock Gap generated the most calls and showings this past month.
| Price Range | Total Homes | Percent Pending |
| Up to $600K | 38 | 58% |
| $600K - $800K | 32 | 53% |
| $800K - $1 mil. | 32 | 38% |
| $1 mil. - 1.5 mil. | 22 | 27% |
| $1.5 mil. - $2 mil. | 9 | 22% |
| $2 mil. & Up | 4 | 0% |
If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440.
Kyle Frazier, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Morgan Lane Realtors | Pacific Union International. It is always my pleasure to be of service.
San Rafael CA Real Estate Market Report (November 2009 Home Sales Update)
November 9, 2009
San Rafael, California real estate sales were brisk in October 2009. We experienced 44 trades, up from 31 in September 2009. The entry level price band (under $600K) remains at hot, with 70% of home now in escrow, up from 64% last month. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains nearly the identical to last month (36% of these homes are in escrow).
It is no secret that our current real estate environment in San Rafael favors buyers, not only because of the state of the market, but also because of superior interest rates, FHA loan availability (allowing purchase loans up to $729,000 with 3.5% down), and a shifting mindset by both buyers (who are ready to pull the trigger) and sellers (who are ready to do what it takes to sell). Meanwhile, housing inventory for single family homes fell to 135 homes (from 154 last month).
As reported this Summer, San Rafael listing prices experienced a brief rise from March to June, but that trend has reversed and resumed its downward trajectory. By comparison, asking prices in Novato have been rising for several months, leading many to believe that the bottom has formed in Novato. It does not appear this transition has fully settled in San Rafael.
Of the 44 homes sold in September 2009, the average days on market was 87 days, the average sales price was $839,518, and the average home size was 2,082 square feet — roughly $404 per sq. ft. (the average price per square foot has remained virtually unchanged for several months). Homes in Lucas Valley, The Dominican, Terra Linda North, and Peacock Gap generated the most calls and showings this past month.
| Price Range | Total Homes | Percent Pending |
| Up to $600K | 44 | 70% |
| $600K - $800K | 70 | 36% |
| $800K - $1 mil. | 46 | 17% |
| $1 mil. - 1.5 mil. | 31 | 23% |
| $1.5 mil. - $2 mil. | 11 | 20% |
| $2 mil. & Up | 8 | 25% |
If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440.
My name is Kyle Frazier. I am a Broker, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Morgan Lane Realtors | Pacific Union International. It is always my pleasure to be of service.
San Rafael CA Real Estate Market Report (October 2009 Home Sales Update)
October 15, 2009
San Rafael, California’s real estate market continues leaning heavily on foreclosures and short sales for volume. The entry level price band (under $600K) remains at a slow boil with 64% of home are now in escrow, same as last month. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) rose to 38% of homes in escrow from 31% in September 2009).
It is no secret that our current real estate environment favors buyers, not only because of the state of the market (e.g., prices back down to 2003 levels in many cases), but also because of superior interest rates, FHA loan availability (allowing purchase loans up to $729,000 with 3.5% down), and a shifting mindset by both buyers (who are ready to pull the trigger) and sellers (who are ready to do what it takes to sell).
Housing inventory for single family homes in San Rafael fell to 154 homes (from 169 last month). It is interesting to note that while San Rafael’s inventory has risen and its percentage of homes in escrow has dropped, Novato (the next city north) has experienced the opposite. In fact, in the move up market, Novato sales rates eclipse San Rafael’s by a long-shot.
As reported this Summer, San Rafael listing prices experienced a brief rise, but that trend has reversed and resumed its downward trajectory. By comparison, asking prices in Novato have been rising for several months, leading many to believe that the bottom has formed in Novato. It does not appear this phenomenon is being replicated in San Rafael.
Thirty-one homes sold in September 2009. The average days on market was 109 days, the average sales price was $710,946 (down from $846,194 last month) and the average home size was 1,822 square feet — roughly $402 per sq. ft. (despite the dip average sales price, the price per square foot remained virtually unchanged). Homes in Lucas Valley, The Dominican, Terra Linda North, and Peacock Gap generated the most calls and showings this past month.
| Price Range | Total Homes | Percent Pending |
| Up to $600K | 45 | 64% |
| $600K - $800K | 89 | 38% |
| $800K - $1 mil. | 50 | 20% |
| $1 mil. - 1.5 mil. | 34 | 24% |
| $1.5 mil. - $2 mil. | 10 | 0% |
| $2 mil. & Up | 10 | 40% |
If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Certified Residential Specialist (CRS) and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Morgan Lane International Real Estate. It is always my pleasure to be of service.
