San Rafael Top Agent Update (April 2016 Home Sale Report) | Pacific Union

April 22, 2016 by  

April 2016 Home Sale Report | San Rafael Top Agent Update | Pacific Union. The number of sales of single family home in San Rafael increased significantly last month. In all, San Rafael accounted for 37 single family home sales (there were just 21 trades in February 2016). As noted in my updates spanning back 3 years now, the number of home sales in San Rafael (as well as the rest of Marin County) has been suppressed due to extremely low inventory.  San Rafael’s absorption rate, just under 2 months, remains exceptionally low. If you intend to effectuate life change, this is an extraordinary time to sell. Eventually, we will reach an inflection point where sellers who had been holding off waiting for prices to rise will suddenly realize it is time to sell and enter the market. Meanwhile however, days on market are relatively low and the average price per foot is as high as ever.

Averages relating to San Rafael home sales in March 2016 are as follows:

  • days on market — 42
  • sales price — $1.3 million
  • home size was 2,469 square feet
  • $535 per sq. ft.

Properties in Los Ranchitos, Lucas Valley Estates, Peacock Gap, The Dominican, and Sun Valley  generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael, CA neighborhood or if you have any questions about our many delightful communities, schools, shopping options, etc., just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Top 1% in Marin, a J.D., Broker, Realtor, Member of the Top Agent Network & Marin Platinum Group, a Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s International Real Estate | Pacific Union International. It is always my pleasure to be of service.

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