Novato CA Real Estate: Fall 2010 Update

Novato CA Real Estate: Fall 2010 Update

Novato CA Real estate has had a very difficult 24 months. Prices are ~30% off the peak. That said notice that 34% of homes for sale are actually in contract. This is a sellers market– sellers who a re realistic about price will sell their homes very quickly which in a secular declining market is a very good thing. Sellers should price their homes according to recent sales and buyers should take their time and find the right home at a decent price.

For higher end homes in Novato CA, it is a different story– there are 66 homes on the market and only 10 are in contract.

Please call or email me at 415-867-6611 or email me at Dave@TheDuPontGroup.net to set up a time to talk.  Our marketing website is www.TheDuPontGroup.net and a Marin pricing tool can be found at www.hometoggle.com .

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