Novato, CA Real Estate News

By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of May 14, 2012 a whopping 59% of available listings in Novato are in escrow. For the month of April 2012 69 homes (33 of which were distress sales) sold in Novato for an average final selling price of $460,791. The average original asking price of these homes was $470,546. The range of final selling prices was from a low of $99,250 to a high of $1,308,000. Of the 69 homes that sold 11 sold at their original asking prices and 23 sold over their original asking prices. It took these homes an average of 83 days to sell. To see everything that is for sale through our MLS, click here, and register with me (Kelley Eling) as your agent. To learn more about the area in general, search more around this blog, visit my website, or contact me directly. Marin Country Club Golf Course in Novato b...
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
    Rented March 2012, a great 3 bedroom vacation on the water for $3500 in Bel Marin Keys .  Leasing agent Rone-iff here at Foundation Rentals represented the owner for this lease.  Great job everyone working together!  And congrats to the tenants on their new home, enjoy - we're pleased to have been of service.  
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
March 2012, a Lovely  4 bedroom home for $3500 in Novato.  Leasing agent Rone-iff here at Foundation Rentals represented the tenants for this lease.  Great job everyone working together!  And congrats to the tenants on their new home, enjoy - we're pleased to have been of service.
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of April 10, 2012 an amazing 63% of available listings in Novato were in escrow. SELLERS demand is high and inventory is low. NOW is a great time to be a seller in Novato! For the month of March 2012 61 homes sold (30 of which were distress sales) in Novato for an average final selling price of $449,947. The average original asking price of these homes was $472,335. The range of final selling prices was from a low of $106,500 to a high of $1,020,000. Of the 61 homes that sold 5 sold at their original asking prices and 16 sold over their original asking prices. It took these homes an average of 128 days to sell. To see everything that’s currently available for sale through our MLS, register here with my name as your agent. To learn more about this area in general, search more around t...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of March 8, 2012 a whopping 58% of available listings in Novato are in escrow. For the month of February 2012 42 homes sold in Novato (26 of which were distress sales) for an average finalselling price of $463,286. The average original asking price of these homes was $516,145. The range of final selling prices was from a low of $90,000 to a high o f$2,400,000. Of the 42 homes that sold, 2 sold at their original asking prices and 4 sold over their original asking prices. It took these homes an average of 64 days to sell. To see all homes that are currently available for sale through our MLS sign in here under my name. To learn more about specific properties or this area in general feel free to contact me. Stafford Lake in Novato by Kelley Eling, Marin County Realtor
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
  Rented February 2012, a 3 bedroom home in Novato for $2375. Leasing agent Rone-iff here at Foundation Rentals represented the owner for this lease. Great job everyone working together! And congrats to the tenants on their new home, enjoy - we're pleased to have been of service.
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of February 8, 2012 48% of available listings in Novato are in escrow. For the month of January 2012 36 homes (15 of which were distress sales) sold for an average final selling price of $495,357. The average original asking price of these homes was $539,143. The range of final selling prices was from a low of $129,900 to a high of $1,455,000. Of the 36 homes that sold 7 sold over their original asking prices and the remaining 29 sold for less than their original asking prices. It took these homes an average of 123 days to sell. To see everything that is currently available for sale through our MLS click here. To learn more about this area in general search more around this blog, visit my website or contact me directly.
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
Custom 5bd+3ba Home - Gorgeous Pleasant Valley location in Novato rented at $3950 by broker Barrow at Foundation!  
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
Another success from the Foundation Team – this time through leasing agent Michael Kass. Another well-qualified tenant in need of a rental here in Marin found us online, so Michael showed her a couple homes that met her criteria, she offered on the one she liked and the rest is a done deal. 3,300 sq ft in Hamilton rented for $3,600/month for 2 years. Good job everyone!    
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of January 9, 2012 46% of available listings in Novato were in escrow. For the month of December 2011 57 homes sold in Novato (31 of which were distress sales) for an average final selling price of $459,619. The average original asking price of these homes was $488,253. The range of final selling prices was from a low of $112,000 to a high of $1,375,000. Of the 57 homes that sold 7 sold at their original asking prices and 11 sold over their original asking prices. The remaining 39 homes sold for less than their original asking prices. It took these homes an average of 128 days to sell. To see everything that is currently available for sale through our MLS click here. To learn more about this area feel free to contact me directly. Stafford Lake in Novato by Kelley Eling, Marin County ...
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
  Rented November 2011, an immaculate 3 bedroom townhome for $2895 in the desirable area of Hamilton Park in Novato.  Leasing agent Rone-iff here at Foundation Rentals represented the owners and located qualified tenants for this lease.  Congratulations to the tenants on their new home, enjoy - we're pleased to have been of service.
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of December 9, 2011 47% of available listings in Novato are in escrow. For the month of November 2011 49 homes (24 of which where distress sales) sold for an average final selling price of $454,353. The average original asking price of these homes was $482,808. The range of final selling prices was from a low of $62,000 to a high of $1,225,000. Of the 49 homes that sold 2 sold at their original asking prices and 8 sold over their original asking prices. All others sold for less than their original asking prices. It took these homes an average of 130 days to sell. To see everything that is currently available for sale through our MLS click here. To learn more about this area in general, search more around this blog, visit my website, or contact me directly. Grant Avenue in Novato as s...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of November 8, 2011 a whopping 46% of available listings in Novato are in escrow. For the month of October 2011 52 homes sold in Novato (24 of which were distress sales) for an average final selling price of $435,402. The average original asking price of these homes was $464,981. The range of final selling prices was from a low of $75,000 to a high of $1,060,000. Of the 52 homes that sold, 2 sold at their original asking prices and 9 sold over their original asking prices. These homes took an average of 131 days to sell. To see everything that is currently for sale in our neck of the woods click here. To learn more about this area in general, search more around this blog, visit my website or feel free to contact me directly. Patio in the early evening at Las Guitarras in Novato by Ke...
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By Kyle Frazier, Kyle Frazier , CRS & Marin CA Realtor
(Christie's Great Estates | Pacific Union International)
Much like August 2011, Novato, CA home sales continued to surpass expectations in September 2011, which is traditionally a very slow month for closings in Marin County. Indeed, buyers continue to move very quickly on well-priced and/or unique real estate opportunities. The average sales price of Novato homes has swung wildly this year from month to month. For example, the average sale price in June was $626K. In September it was $530K. September’s trades averaged 117 days on market, were about 1,870 sq. ft., and averaged roughly $258 sq. ft. Novato’s  absorption rate (e.g., number of months’ inventory of homes for sale based on last month’s sales totals) continues to hover in historically low territory with just 3.39 months’ worth of available inventory overall (112 single family homes ...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of October 12, 2011 a whopping 45% of available listings in Novato are in escrow. For the month of September 2011 56 homes sold in Novato (26 of which were distress sales) for an average final selling price of $433,071. The average original asking price of these homes was $472,966. The range of final selling prices was from a low of $110,000 to $1,050,000. Of the 56 homes that sold, 5 sold at their original asking prices and 12 sold over their original asking prices. It took these homes an average of 122 days to sell. To see everything that is currently available for sale through our MLS click here. To see some of the many fun things to do in our neck of the woods click here. To learn more about this area in general search more around this blog, visit my website or contact me directl...
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By Linda D. Pufford, ASPM, Marin/Sonoma Home Stager
(Stage with Divine Style - Home Staging)
"Can Potential Buyers see the Value in your home? ~ ACTIVERAIN has the Answer" Can buyers see the full value of a property when it's for sale?  We certainly hope so...  that is definitely what we are looking for each time a for sale sign is put in the front yard.  What connects a buyer to a home?  Is it the color of a house or how many bedrooms the house has?  It's not one, two or even three things that draw a buyer in and keep them lingering...  and wanting to put in an offer.  Price and presentation are two very important factors with the sale of any home.  As it is with a car as well...  only your home is your largest investment and the one with the greatest return!  You would certainly make your car that you are selling look it best and give it a competitive price if you hope to sel...
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By Kelley Eling, Realtor Extraordinaire
(Fathom Realty Group)
As of September 14, 2011 40% of available listings in Novato are in escrow. For the month of August 2011 57 homes sold in Novato (18 of which were distress sales) for an average final selling price of $452,255. The average original asking price of these homes was $481,609. The range of final selling prices was from a low of $125,000 to a high of $1,075,000. Of the 57 homes that sold 3 sold at their original asking prices and 6 sold over their original asking prices. It took these homes an average of 89 days to sell. To see everything that is currently available for sale through our MLS click here. To see some of the fun things to do in our neck of the woods click here. To learn more about this area in general visit my website, search more around this blog or contact me directly.
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By Foundation Rentals, Best Property Management in Marin
(Foundation Rentals & Relocation, Inc)
A gorgeous, custom home in Novato with 4 bedrooms and 4 bathrooms with a pool rented in August 2011 for $3500. Listed and rented by broker Christopher Barrow and rented by our leasing agent Rone-iff Carr. Thank you to the owner for listing this home with us - we've done four rental transactions together and hope to continue to do more!
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By John M. Scott, Broker / Owner San Francisco Bay Area
(BRE # 01442690, Scott Keys Properties)
All this talk about BofA Short Sales I had a Short Sale a number of years ago in Novato, CA. It was actually a pretty popular listing and had a lot of interest. I marketed it well, on Century21.com, Trulia, homes.com, Zillow, and lots of other sites. We had a lot of agents showing the home, and received a number of over-asking-price offers. The sellers selected one, and we were off to submitting the offer and all supporting documents to Bank of America. This was before BofA's Equator web site, so everything had to be faxed in. Three times. Finally received confirmation that all required documents had been received. Things went back and forth. Updated pay stubs and bank statements were constantly requested. Long waits between each request. Also had a 2nd loan to deal with. I have to give...
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