Pacific Union San Rafael, CA Real Estate Update (December 2011 Real Estate Report)
January 1, 2012
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 (June 2011 Home Sales Report)
June 29, 2011
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.
Pacific Union San Rafael, CA Real Estate Update (February 2011 Home Sales Report)
February 11, 2011
A suprising uptick in sales occurred last month (January 2011) in San Rafael — we had 32 homes sell compared with 26 in December. The entry level price band (under $600K) remains 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 17 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 26 homes which sold last month, 27 were priced under $800,000, although there was activity in higher end as well with 3 sales over $1 million. There are currently 107 homes active on the MLS. Averages relating to the 32 homes which sold in January 2011 are as follows:
- days on market — 138
- sales price — $697,000
- home size was 2,022 square feet
- $346 per sq. ft.
Homes in Lucas Valley, Terra Linda, 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)
November 22, 2010
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 (August 2010 Home Sales Update)
August 23, 2010
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)
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 (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.
San Rafael CA Real Estate Market Report (September 2009 Home Sales Update)
September 18, 2009
San Rafael, California’s real estate market continues its reliance on foreclosures and short sales for momentum. The entry level price band (under $600K) remains hot, although, not as hot — 64% of home are now in escrow, compared with 84% last month. The $600K to $800K price band is steady with with 32% of homes in escrow (down 3% from August 2009).
The buying environment is very favorable as increased affordability, low interest rates, an increased presence of FHA loans, and a shifting mindset by both buyers and sellers, are all positively impacting lower price points. Additionally, the $8K tax credit for first time home buyers is likely helping pull some buyers into the fray, despite the income limitations placed on this credit. It will be interesting to see if the government expands the credit to include ALL buyers and increases the credit amount to $15,000 — that would make a big difference for a lot of people. Overall, the number of homes on the market rose to 169 homes (from 142 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.
San Rafael listing prices experienced a brief rise earlier this Summer, but have resumed their downward trajectory. By comparison, asking prices in Novato have been rising for several months, leading many to beleive that the bottom has formed in Novato. It does not appear this phenomenon is being replicated in San Rafael.
Thirty-nine homes sold in August 2009, which is comparable to the 38 sold June 2009 — these are pretty good numbers in our “new market”. The average days on market was 87 days, the average sales price was $802,352 (up from $802K in August 2009), and the average home size was 2,145 square feet — roughly $397 per sq. ft.
The hottest neighborhoods: Lucas Valley, The Dominican, Terra Linda and Peacock Gap. Finally, if you know anyone interested in a very well maintained Eichler with a wonderful outdoor living area, please let me know as I have clients considering a move if the right buyer comes along.
| Price Range | Total Homes | Percent Pending |
| Up to $600K | 42 | 64% |
| $600K – $800K | 92 | 32% |
| $800K – $1 mil. | 48 | 17% |
| $1 mil. – 1.5 mil. | 35 | 17% |
| $1.5 mil. – $2 mil. | 14 | 0% |
| $2 mil. & Up | 8 | 0% |
If you have any questions regarding the current real estate market in San Rafael (Marin County, CA), California, please contact Kyle Frazier, Marin Realtor, CRS, Member Institute of Luxury Home Marketing, Cristie’s Great Estates | Pacific Union International dba Morgan Lane Marin Real Estate: (415) 350-9440.
San Rafael CA Real Estate Market Report (August 2009 Home Sales Update)
August 12, 2009
San Rafael, CA’s real estate market is increasingly fueled by foreclosures and short sales. The entry level price band (under $600K) remains extremely hot (84% of such homes are currently in escrow) and the $600K to $800K price band has seen steady activity with 35% of homes in escrow (same as last month). Increased affordability, low interest rates (rates are down from the time of last month’s report), an increased presence of FHA loans, and a shifting mindset by both buyers and sellers, are impacting these price points in a positive manner. Additionally, the $8K tax credit for first time home buyers is likely helping pull some buyers into the fray, despite the income limitations placed on this credit. It will be interesting to see if the government expands the credit to include ALL buyers and increases the credit amount to $15,000 — that would make a big difference for a lot of people. Overall, the number of homes on the market fell to 142 homes (from 159 last month).
The big news in San Rafael real estate this past month revolved around the sale of Carlos Santana’s 1.7 acre, 7,000 square foot estate, which sold for $4.185 million after a short two weeks on the market. Congratulations Carlos! Meanwhile, San Rafael listing prices experienced a brief rise earlier this Summer, but have again begun a downward shift over the past few weeks. By comparison, asking prices in Novato have been rising for several months, leading many to beleive that the bottom has formed in Novato. It does not appear this phenomenon is being replicated in San Rafael.
Thirty-two homes sold in July 2009 (down from 38 in June 2009). The average days on market was 103 days, the average sales price was $802,352, and the average home size was 1,902 square feet — roughly $409 per sq. ft. Excluding the Santana estate mentioned above, the numbers are as follows: the average days on market was 106 days, the average sales price was $693,234, and the average home size was 1,737 square feet — roughly $403 per sq. ft.
The hottest neighborhoods: Lucas Valley, The Dominican, and Gerstle Park remain very attractive to many buyers, as do Terra Linda and Peacock Gap. Finally, if you know anyone interested in a very well maintained Eichler with a wonderful outdoor living area, please let me know as I have clients considering a move if the right buyer comes along.
| Price Range | Total Homes | Percent Pending |
| Up to $600K | 38 | 84% |
| $600K – $800K | 79 | 35% |
| $800K – $1 mil. | 41 | 17% |
| $1 mil. – 1.5 mil. | 31 | 19% |
| $1.5 mil. – $2 mil. | 20 | 10% |
| $2 mil. & Up | 9 | 11% |
If you have any questions regarding the current real estate market in San Rafael (Marin County, CA), California, please contact Kyle Frazier, Marin Realtor & CRS, Morgan Lane Marin Real Estate: (415) 350-9440.
