You are on page 1of 1
TUESDAY t Sndependent Journal ‘esioncite San Jose Mlereury News 5 TOP STORY: REAL ESTATE REPORT Marin2 Seoeatinnowk dale. = = he | ‘Soles Pere t Marin home sales rise, (2.2 Seas | Cortettadera’ $e00,000°="$86:800 4.17% |" o7te=IRZON but prices down in April se" sss, sss us ao: 8y Will Jason clines every month this year except | MilVatey —$1729629. $1,065,000 -2849%| 11 13 1818% atin Independent Journal March. Novato $562,500. Sssa500 20.9690 More single-family homes sold , “The market isdoing exactly what |. Ross 182,247,500 $2,850,000 2 5 150.00%) in Marin in April than in the same tshould do,” said Kathy Schlegel, a gs hiseime erz000°s72aon anemia month of last year but the median broker with LVP Marin in Novato, i 5 pai $749,000 $613500 -18.09% | 37 26 -24.92% price remained well below the figure “Prices have gonedown, and they get _| i 7 from year ago, according to newdata down to a point where people say, | Sausalito ‘S4317000 . $i.b33750 -s7598']/ 2.6 OOH, from the county assessor office. “It's pretty good, and they start buy- Tiburon $2,650,000 $1,870,500 -2942%| 7 6 -14.29%) it marked the fourth straight ing and the sales start going up.” 4 ‘month of a year-to-year increase in Marin recorded 175 single-family | wunewoorated-S688000\" S882 50" 200% total sales. Meanwhile, the median Totals $985,000 $761,600 165. 17% 6.00% orice has shown year-to-year de Soe REAL ESTATE,pane4 SosceWarstaalyasnca oes aan eA aa same month of 2010 REALESTATE: Aprilsales sine een the Frompage1 turn, several point to the natty beg dscrnarid home sales in April, up 61 ‘isinesales totals asasign increasing, prices should percent from 165 in April the market could be stabi- Joye} off,” Schlegel said. 2010. The median single- nit k we're at the be Despite signs of stabili. far sale price dropped ink we're at the bot- ty. the current market con- 12 percent over the same tM now, climbing slowly Giljone are a far ery from period, from $865,000 to UP," said Kathleen Daly, the bidding wars and mul- $761,600. an agent: with Coldwell {ip offers that were com. Total condominium Bankerin Greenbrae. non during the most te- sales were down 15.1 per- There is evidence that cent boom. Buyers remain cent year-to-year, dropping the Marin market, which picky and bargain-minded, from 53in April 3010t0 45 Several months ago was agents and brokers said in April 2011. The median tilted heavily in favor of “Everybody wants to ne condo sale price dropped buyers, has become more gotiate so far off the asking slightly over the same pe-_ friendly to sellers. Nearly price, no matter what itis," riod, from $360,000 to a third — 31 percent — of said Dennis Morrow, an $350,000. Marin's single-family list- agent with Paradise Prop- The relatively small ings were in contract for a erties in Sausalito. number of condominium sale in early May, up from Buyers are also less eager salesin asingle month ean 20 percent in December, to pick houses that need lead to fluctuations. Over according to data from Bay repairs, Daly said. the past three months, AreaReal Estate Informa- “Typically, the husband Marin’s total condomin- tion Services. and wife are working,” she | ium sales of 143 were up The trend hasbeen aided said. “They don't have the | 627 percent from 134 inthe by a drop in the number of time or the wherewithal to | same period of 2010. houses on the market. The do the fixing up.” | While many Realtors total number of listings — are reluctant to declare an declined by 16.1 percent in Contact Wil Jason via emallat end to the housing down- April, compared with the wiasoné@marinj.com

You might also like