Archive for December, 2009

Belvedere landmark sells at steep discount

Sunday, December 13th, 2009

Turn of the century Belvedere estate sells for $5,400,000, 26-percent below asking. Originally, listed in January ‘09 for $7,300,000.

$5,400,000
Belvedere Ave
Belvedere, CA

6 Beds, 5.5 baths
5700 sqft, 1914 year

The Blanding Casino, built circa 1913 is a designated Belvedere landmark. Approx 5,700 square feet, on 1/2 acre, with riveting panorama from Sausalito through the Golden Gate Bridge, the entire San Francisco skyline, Bay Bridge and Berkeley. Huge view-side pool, terraces, lawns and gardens.

Market Report | November 2009

Friday, December 4th, 2009

For the second straight month, home sales in Marin shrunk again – the average price was down 7% in November.

The average price of a single-family home in Marin was $971,902, down roughly 4% from $1,010,994 last year, and 165 homes were sold – up 45% from the 90 homes in November ‘08. Last month, the average price fell 2.5% to $1,045,750 and 173 homes were sold.

Though prices were still 3.8% below a year ago, the number of homes sold was nearly double last year’s and this is a very encouraging sign. Hopefully, this trend continues.

Area
 

Average

Sale Price

Median

Sale Price

Total

Sales

Avg.

DOM*

All Marin
$971,902
$700,000
165
92
Belvedere
$3,525,000
$2,200,000
3
63
Corte Madera
$910,438
$862,500
8
102
Fairfax
$590,714
$575,000
7
72
Greenbrae
$1,083,375
$961,750
4
163
Kentfield
$2,026,250
$1,590,000
4
122
Larkspur
$1,900,000
$1,900,000
2
26
Mill Valley
$1,252,958
$1,217,000
24
91
Novato
$620,851
$566,500
37
70
Ross
$1,587,500
$1,750,000
4
105
San Anselmo
$830,027
$805,000
15
79
San Rafael
$772,361
$625,000
47
105
Sausalito
$1,300,000
$1,300,000
3
78
Tiburon
$2,393,333
$2,100,000
3
142