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November 26, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for San Rafael, California

Reported by Ted Strodder, Realtor, Ecobroker

Updated October 15, 2009.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

San Rafael has what appears to be the healthiest market in the county right now. Exactly 35% of the homes there are in escrow, leaving a very nice and healthy neutral market. There are currently 154 homes to choose from with another 84 under contract if you want to do the math yourself. The average Days on Market (DOM) is at 113 with the average price being $785,000, one of the lowest. Multiple offers were scarce in the last 30 days, but the homes are selling and people are moving: up, down or out of the area. Now that the new freeway lanes are open, the well-publicized commute time saved of 20 minutes one way has helped San Rafael home values improve, right along with Novato, with no end in sight. Let's see what the remainder of the year brings. I have lived in San Rafael and know it well, so I welcome any questions you may have.

Please contact me with any additional questions about San Rafael.

Thank You,

Ted Strodder
toll free 800-482-6164



ZIP Codes: 94901, 94903

Approximate Location Boundaries: San Rafael is our largest city, with around 50,000 residents. It also has the largest downtown area and is the seat of county government. It is the next northernmost town, just south of Novato.

Location Characteristics: San Rafael has some of the best weather in the county, being far enough off the Bay to stay warm for a good part of the year. I lived here for many years and know it well. It has a revitalized downtown, great schools and is still close enough to SF to commute.

For More Information:

View Market Conditions of other areas served by Ted Strodder

Navigate: Top > California > San Rafael

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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