Novato Real Estate Market Update - November 2010
By Kevin McGinnis, Marin County Luxury Homes Expert
(Golden Gate Sotheby's International Realty)
Novato, CA real estate/housing market update Total Novato homes sold in October 2010: 27 (Single-family homes. This is down from 33 sales in September.) One of those sales was our listing at 14 Balboa Court in Hamilton's Bayside neighborhood, pictured here. We got the home into escrow in 8 days and sold it for full price, $619,000. This was $322/square foot, which was higher than October's average in Novato. Based on October's sales, here's a snapshot of the average single-family home sale in Novato: Price: $649,302 Size: 2,344 sq ft Price per sq ft: $277 Days on market: 89 This week in Novato real estate: The entry-level price range (under $500K) remains the strongest - 47% of these homes are currently in escrow. Meanwhile, the $500K-$600K price range is also active, with 44% of homes ...
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