Hot Properties | Top Marin homes for sale

August 4th, 2010

We track all Marin real estate listings and feature the hottest new properties on the market in Marin County. Here’s the top Marin homes for sale.

$1,249,000
Corte Madera, CA
4 beds, 3 baths
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$1,595,000
Kentfield, CA
3 beds, 2 baths
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$2,749,000
Mill Valley, CA
4 beds, 4 baths
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$1,625,000
San Anselmo, CA
4 beds, 4 baths
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$1,995,000
Tiburon, CA
5 beds, 4 baths
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Market Report | July 2010

August 3rd, 2010

Marin home prices tick up 4.23% in July.

After two consecutive months of declines, the average price of a single-family home in Marin bounced back last month. In July, the average price came in at $1,087,463, up 4.23 percent from June. July’s average price marks a 5 percent increase from a year ago, and the number of homes sold in Marin was roughly the same.

Overall, July’s report looks positive. Especially considering summer is a particularly slow season for the housing market and a broader look at Marin home prices this year seems to indicate the market is making a recovery. Prices are up 11% from Q1 to Q2. Still, it’s a yo-yo economy with some uncertainty ahead.

Market Report 08-03-10

Tiburon compound fetches $6.9 million

July 26th, 2010

This world-class contemporary Tiburon estate located at the very top of Mt. Tiburon (aka ‘Top of the World’) sold in July for $6.9 million.

$6,900,000
133 Sugarloaf Dr.
Tiburon, CA

4 beds, 8 baths
7449 sqft, 1991 year

Originally listed for $8.900,000, this outrageous Tiburon home features 4 bedrooms, 6 full baths & 2 half baths with 360 degrees of views. Gated & entirely private, this grand contemporary boasts approx 7,500 sqft of glass-walled interior space with unsurpassed views of the entire SF Bay Area.

Mortgage rates lowest in decades

July 22nd, 2010

According to Freddie Mac, mortgage rates are at their lowest level in half-century.

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.56 percent with an average 0.7 point for the week ending July 22, 2010, down from last week when it averaged 4.57 percent. Last year at this time, the 30-year FRM averaged 5.20 percent.

The decline in mortgage rates over the past few weeks echoes the recent signs of weakening confidence in the strength of the national economy. Fortunately, things are faring much better for the Marin housing market. Marin home prices have stabilized for the most part, and buyers are taking advantage of all-time record low rates.

Mortgage Rates 07-22-10
Primary Mortgage Market Survey [Freddie Mac]

$120k price reduction for Mill Valley home

July 17th, 2010

Whopping $120,000 price reduction for this nicely remodeled Mill Valley home located in one of the best neighborhoods in town.

$1,375,000
256 Evergreen Ave
Mill Valley, CA

3 beds, 3 baths
2200 sqft, 1955 year
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Originally listed for $1,495,000, this single story 3-bedroom Mill Valley home is situated on a large level sunny lot in one of the most sought-after neighborhoods. Spacious modern kitchen just completed, remodeled master suite, hardwood floors, large sliders, skylights, fireplace and attached garage.

Market Report | June 2010

July 8th, 2010

Marin County average home price down, median up.

The average price of a single-family home in Marin decreased for the second straight month. In June, the average price came in at $1,043,337, down 4.52 percent from May. However, during the same period, the median price was up 2 percent and the number of homes sold was up 13 percent. June’s average price marks a slight increase from a year ago, and the number of homes sold was up a big 16 percent.

Market Report 07-08-10

Hot Properties | Top Marin homes for sale

July 7th, 2010

We track all Marin real estate listings and feature the hottest new properties on the market in Marin County. Here’s the top Marin homes for sale.

$1,695,000
Corte Madera, CA
4 beds, 3 baths
More Info >>

$1,450,000
Kentfield, CA
5 beds, 3 baths
More Info >>
$1,795,000
Larkspur, CA
4 beds, 2 baths
More Info >>
$1,450,000
Mill Valley, CA
3 beds, 2 baths
More Info >>
$1,895,000
Tiburon, CA
4 beds, 4 baths
More Info >>

Mortgage rates hit all-time record low

June 24th, 2010

According to Freddie Mac Thursday, Mortgage rates are at their lowest level since the company began keeping records in 1971.

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.69 percent with an average 0.7 point for the week ending June 24, 2010, down from last week when it averaged 4.75 percent. Last year at this time, the 30-year FRM averaged 5.42 percent.

Mortgages are cheaper today than they’ve been in a half-century. The last time they were any cheaper was the 1950s, when most loans lasted just 20 or 25 years.

Mortgage Rates 06-24-10
Primary Mortgage Market Survey [Freddie Mac]

Showcase Belvedere contemporary on market

June 14th, 2010

Belvedere contemporary home takes advantage of the Marin landscape with commanding views of the SF skyline, listed for $12.9 million.

$12,995,000
67 Belvedere Ave
Belvedere, CA

5 beds, 6 baths
6000 sqft, 2005 year
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Designed by Sutton Suzuki Architects, this striking Belvedere home incorporates the highest design and construction quality. It has over 6,000 sq. ft. and features 5 bedrooms, 4 full and 2 half baths, mezzanine office overlooking living/dining area, light-drenched kitchen & breakfast nook with views of the Golden Gate Bridge, a library/media room, plus separate office and studio, view-side terraces, an outdoor fireplace, salt water pool & spa, level lawns, play spaces and gardens.

Resort-like Kentfield home sells for $5.5 million

June 8th, 2010

This new custom Mediterranean estate in Kentfield sold in May for $5.5 million, the full asking price, after only 11-days on the market.

$5,500,000
65 Rock Rd.
Kentfield, CA

5 beds, 6 baths
5296 sqft, 2009 year

Originally listed for $5,500,000, this Kentfield home features 5 bedrooms, 4 full baths & 2 half baths on 1/2 acre gated parcel. Green built in ‘09, this unique home enjoys a resort-like feel and boasts an open floor plan with walls of windows that overlook an infinity pool with spa, waterfall, outdoor kitchen and level lawn.