How will market changes in 2017 affect San Rafael?

Affordability is key! The bay area’s housing shortage will ensure strong demand for well-priced, high-quality homes. San Rafael has a more diverse selection of homes than most other parts of Marin. The charts & graphics below show market activity for homes in the northern part of San Rafael (north of 3rd St.). **Southern San Rafael will be added soon.**

HWM--MktRpt--N-San-Rafael--NEW--1-1-17---6-30-17--840x3796

These Sales Affect the Value of Your Home. How?

Call Susan at 415-450-1777 for Your Personal Report & In-Depth Market Analysis.

What’s the data below tell us about the market?  How many homes sold above the asking price? How long to sell? How many multiple offers? Check it out. You might be surprised …

19 Homes Under 1Mil Sold w/Multiple Offers

  • 16 Homes Sold ABOVE List Price
  • 4 Homes Sold AT List Price
  • 13 Homes Sold BELOW List Price

36 Homes 1Mil & Above Sold w/Multiple Offers

  • 29 Homes Sold ABOVE List Price
  • 7 Homes Sold AT List Price
  • 30 Homes Sold BELOW List Price

These trends affect you! Lenders use sales data to value homes.

Pent-Up Demand   Last fall and early winter, the market appeared to be balancing out between buyers & sellers. But pent-up demand has been building — this drives competition for desirable homes and results in many homes receiving multiple offers.

WHAT ARE SAN RAFAEL HOMES REALLY WORTH?   Even the best online algorithm can be misleading. A key indicator of market strength is how long homes take to sell. Check our Days-on-Market graphs below to learn more.

Homes Sold in 15 Days or Less

  • 1 Home Under 1 Mil
  • 11 Homes 1 Mil & Above

Homes Sold in 16 to 30 Days

  • 12 Homes Under 1 Mil
  • 22 Homes 1 Mil & Above

Homes Sold in 31 to 60 Days

  • 11 Homes Under 1 Mil
  • 17 Homes 1 Mil & Above

Homes Sold in 61 Days or More

  • 9 Homes Under 1 Mil
  • 16 Homes 1 Mil & Above

BOTTOM LINE?

Instant home valuations cannot give you the detailed, custom analysis you need. Call us at 415-450-1777. We’ll be glad to provide you with a market analysis and home valuation you can trust.

“We can’t count how many times Susan went above and beyond for us. We got what we wanted because of her skillful negotiation! ”

–Sharon & Derek Bell, Clients

Contact us via EMAIL or Call/Text 415-450-1777.