Pacific Union San Rafael, CA Real Estate Update (December 2011 Real Estate Report)

San Rafael, CA’s November  2011 home sales climbed to 33 trades. Averages relating to San Rafael home sales in November 2011 are as follows:

• days on market — 117
• sales price — $673,861
• home size was 2,079 square feet
• $329 per sq. ft.

Properties in Sun Valley, Lucas Valley, Peacock Gap, 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 J.D., Broker, Realtor, 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.

Pacific Union San Rafael, CA Real Estate Update (September 2011 Real Estate Report)

San Rafael, CA’s August 2011 home sales held steady during August (traditionally, a slow month) at 37 trades. The entry level price band (under $600K) remains very strong — 26 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 20 homes in escrow. Consistent with prior months, roughly 2/3 of the sales in San Rafael are homes priced under $800K. There are currently 121 homes active on the MLS. Averages relating to the 37 San Rafael homes which sold in August 2011 are as follows:

• days on market — 86
• sales price — $830K
• home size was 2,200 square feet
• $362 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 J.D., 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 San Rafael, CA Real Estate Update (June 2011 Home Sales Report)

San Rafael, CA’s May 2011 home sales held steady (up one trade from May). The entry level price band (under $600K) remains strong — 34 of these homes are currently in escrow (WOW!). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 23 of homes in escrow. While the entry level market stood alone a well-performing market sector in February, we are now seeing some significant activity in the $600K to $800K range where 40% of homes are in escrow. Same as in May, 28 of our sales last month were under $800K. There are currently 136 homes active on the MLS, about 20 less than last month. Averages relating to the 37 homes which sold in June 2011 are as follows:

• days on market — 84
• sales price — $736,784
• home size was 2,191 square feet
• $342 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 J.D., 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 (Pacific Union November 2010 Home Sales)

San Rafael, California real estate sales in October 2010: 35 homes sold. The entry level price band (under $600K) remains strong — 30 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 22 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction — for example, of the 35 homes which sold last month, 24 were priced under $800,000. The inventory for single family homes for sale has decreased a bit this month as inventory is absorbed and very few homes come to market this time of year. There are currently 172 homes active on the MLS.

Averages relating to the 28 homes which sold in October 2010 are as follows:

• days on market 123 days
• sales price was $645,316
• home size was 1,814 square feet
• $356 per sq. ft.

Homes in Lucas Valley, Loch Lomond, 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.

Pacific Union International San Rafael CA Real Estate Market Report (October 2010 Home Sales Update)

San Rafael, California real estate sales in September 2010:  28 trades (up 3 from August). The entry level price band (under $600K) remains relatively strong — 26 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 21 of homes in escrow. The inventory for single family homes for sale has decreased a bit this month as inventory is absorbed and very few homes come to market this time of year. There are currently 192 homes active on the MLS.

Of the 28 homes sold in September 2010, the average:

• days on market was 113 days
• sales price was $687,691
• home size was 1,867 square feet
• $374 per sq. ft.

Homes in  Lucas Valley, Loch Lomond, 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.

Pacific Union International San Rafael CA Real Estate Market Report (September 2010 Home Sales Update)

San Rafael, California real estate sales in August 2010:  25 sales. The entry level price band (under $600K) remains relatively strong — 29 of these homes are currently in escrow (39%). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly with 17% of homes in escrow. The inventory for single family homes for sale increased a bit this month as it does every year after Labor Day. There are currently 217 homes active on the MLS. Price per square foot stands at $357.

Of the 34 homes sold in June 2010, the average:

• days on market was 90 days
• sales price was $765,287
• home size was 2,151 square feet
• $357 per sq. ft.

Homes in  Lucas Valley, Loch Lomond, 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.

Pacific Union International San Rafael CA Real Estate Market Report (August 2010 Home Sales Update)

San Rafael, California real estate sales slipped in July 2010. We had 33 trades (compared to 45 in June). The entry level price band (under $600K) remains strong — 24 of these homes are currently in escrow (40%). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 22% of homes in escrow. The inventory for single family homes for sale decreased slightly this month to 177 homes. Price per square foot rose above $400.

Of the 34 homes sold in June 2010, the average:

• days on market was 76 days
• sales price was $797,669
• home size was 2,028 square feet
• $403 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)

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 (February 2010 Home Sales Update)

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 (December 2009 Home Sales Update)

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.

 

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.

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