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Tuesday, April 27, 2010

Marin Market Watch

North Bay Coldwell Banker— Our Greenbrae office reports that activity in Central Marin is brisk. Inventory continues to come on the market and buyers are still finding some bargains. The Previews market 2+ million is holding strong with multi-million dollar properties in Ross, Kentfield, and Tiburon/Belvedere attracting a lot of excitement. A similar story is being told in Northern Marin where 39% of listings went pending in the month of March in Novato. The majority of new inventory to hit the market is non-distressed. One home in Novato over $1.9 million went into contract. Things did slow down a bit with spring break in Southern Marin, but in general sales and inventory are up.