Information taken from the MLS as of 09/03/2008
has not been verified, is not guaranteed and is subject to change
BULLETIN: Marin County foreclosure buyers needed. Please email
andyfalk2112@yahoo.com for details.
Market breakdown segmented by price and category:
Tiburon Single Family Homes under $1.999 Million
(10/23/07) 19 on the market, 5 in contract
(12/03/07) 13 on the market, 6 in contract
(01/03/08) 6 on the market, 2 in contract
(02/03/08) 8 on the market, 0 in contract
(03/03/08) 10 on the market, 4 in contract
(04/03/08) 10 on the market, 5 in contract
(05/03/08) 9 on the market, 4 in contract
(06/13/08) 11 on the market, 0 in contract
(07/03/08) 14 on the market, 4 in contract
(08/03/08) 18 on the market, 5 in contract
(09/03/08) 21 on the market, 5 in contract
There were 59 sales in this category in 2007. This year there have been 25 sales. Last year during the same period there were 44. Volume is off significantly but the market is still moving.
Tiburon Single Family Homes $2.0 - $3.999 Million
(10/23/07) 32 on the market, 7 in contract
(12/03/07) 25 on the market, 6 in contract
(01/03/08) 16 on the market, 5 in contract
(02/03/08) 14 on the market, 5 in contract
(03/03/08) 19 on the market, 5 in contract
(04/03/08) 26 on the market, 7 in contract
(05/03/08) 25 on the market, 6 in contract
(06/13/08) 26 on the market, 5 in contract
(07/03/08) 27 on the market, 8 in contract
(08/03/08) 34 on the market, 6 in contract
(09/03/08) 32 on the market, 5 in contract
There were 49 Sales in 2007. This has been the strongest segment of the Tiburon market in 2008 but inventory has risen and sales have slowed.
Tiburon Single Family Homes above $4.0 Million
(10/23/07) 16 on the market, 0 in contract
(12/03/07) 16 on the market, 3 in contract
(01/03/08) 11 on the market, 1 in contract
(02/03/08) 12 on the market, 1 in contract
(03/03/08) 13 on the market, 1 in contract
(04/03/08) 14 on the market, 0 in contract
(05/03/08) 17 on the market, 3 in contract (finally!)
(06/13/08) 21 on the market, 2 in contract
(07/03/08) 19 on the market, 0 in contract
(08/03/08) 19 on the market, 2 in contract
(09/03/08) 19 on the market, 0 in contract
This is where some of the best deals are being found in 2008.
Tiburon Condos up to $999,000
(10/23/07) 10 on the market, 1 in escrow
(12/03/07) 7 on the market, 2 in escrow
(01/03/08) 4 on the market, 0 in contract
(02/03/08) 9 on the market, 0 in contract
(03/03/08) 12 on the market, 3 in contract
(04/03/08) 14 on the market, 3 in contract
(05/03/08) 14 on the market, 5 in contract
(06/13/08) 12 on the market, 0 in contract
(07/03/08) 16 on the market, 2 in contract
(08/03/08) 19 on the market, 2 in contract
(09/03/08) 17 on the market, 3 in contract
There were only 17 sales in this category in 2007. There have been 15 sales to date this year, and last year at this time there were only 11 so things have picked up a little, but the inventory may be representative of where we are on the supply curve: at higher prices more people are willing to sell. The bloated inventory level could be a precursor to falling prices and likely is symptomatic of a market that is not in equalibrium.
Tiburon Condos above $1.0 Million
(10/23/07) 16 on the market, 5 in escrow
(12/03/07) 8 on the market, 0 in escrow
(01/03/08) 6 on the market, 1 in contract
(02/03/08) 6 on the market, 1 in contract (not the same as last month's)
(03/03/08) 8 on the market, 1 in contract (same as last month)
(04/03/08) 9 on the market, 1 in contract
(05/03/08) 12 on the market, 0 in contract
(06/13/08) 16 on the market, 1 in contract
(07/03/08) 16 on the market, 3 in contract
(08/03/08) 12 on the market, 2 in contract
(09/03/08) 9 on the market, 0 in contract
Things should be looking optimistic for sellers in 2008, however there have only been 9 sales to date in 2008. Last year there were 29 overall sales so this was a well moving category. Logically on the supply curve we are seeing less inventory at what is being preceived as lower price levels that still need to adjust.
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If you've got a question about the Tiburon market (or anywhere in Marin, Sonoma or Napa Counties for that matter), please feel free to email andyfalk2112@yahoo.com or call (415) 250-8025. The market literally changes daily. There are lots of great deals for buyers, and many wonderful opportunities for sellers. Make sure you get the facts about your market segment before you buy or sell. These days the market is being greatly influenced by bank owned and short sale properties.
TIBURON REAL ESTATE SALES: Up to $5.0 MILLON, 04/01/2008 - 07/03/2008
*Taken from MLS as of 07/03/2008, has not been verified, is not guaranteed and is subject to change
2 Janet Way #100, Tiburon $545,000
5 Janet Way #21, Tiburon $575,000
15 Andrew Dr #36, Tiburon $605,000
126 Marinero Cir, Tiburon $695,000
28 Marinero Cir #30, Tiburon $705,000
143 Blackfield Dr, Tiburon $760,000
20 Greenwood Bay Dr SW, Tiburon $775,000
28 Marinero Cir #12, Tiburon $829,000
80 Lyford Dr #4, Tiburon $920,000
15 Corinthian Ct #32, Tiburon $980,000
22 Juno Rd, Tiburon $1,150,000
27 Apollo Rd, Tiburon $1,200,000
699 Hilary Dr, Tiburon $1,365,000
104 Howard Dr, Tiburon $1,471,420
47 Mercury Ave, Tiburon $1,515,812
12 Mara Vista Ct, Tiburon $1,516,000
132 Jamaica St, Tiburon $1,550,000
201 Jamaica St, Tiburon $1,636,975
6 Saint Lucia Pl, Tiburon $1,665,000
1496 Vistazo St W, Tiburon $1,680,000
140 Rancho Dr, Tiburon $1,865,000
270 Blackfield Dr, Tiburon $2,000,000
12 Tara View Rd, Tiburon $2,285,000
6 Wilkins Ct, Tiburon $2,300,000
4975 Paradise Dr, Tiburon $2,315,000
30 Rowley Cir, Tiburon $2,500,000
10 Shepherd Way, Tiburon $2,625,000
181 Avenida Miraflores, Tiburon $2,675,000
334 Blackfield Dr, Tiburon $2,675,000
27 Venado Dr, Tiburon $2,885,000
85 Spring Ln, Tiburon $3,890,000
45 Spring Ln, Tiburon $4,300,000
31 Gilmartin Dr, Tiburon $4,750,000
Tiburon Sales Averages: Condos and Single Family Homes:
Average Tiburon List Price = $1,994,879
Average Tiburon Sq Ft = 2,568
Average Tiburon List Price/Sq Ft = $777
Average Tiburon Days on Market = 71
Average Tiburon Sale Price = $1,920,712
Average Tiburon Sale Price/Sq Ft = $748
