County | All Listings: As of 02-12-12 | Under Contract Increase Since 01-02-2012 |
Marin | -34.1% | +82.1% |
Many of our listings are receiving multiple offers (2-5), tight terms, ultra-competitive closing timelines, pre-approved mortgage commitments with rates at 4.0% - 4.5%, and an ample supply of “all cash”. Buyers are more confident than we have seen in the past 20 months and the Bay Area economic forecast and job markets seem stable if not encouraging. In fact, research just completed in Marin's MLS shows that properties sold (21 in all) between $1 and $2 million in Marin County in January ’12 with 60 Days On Market or less, achieved closing prices of 98.7% - 101.2% of list price. If that's not a sign that things are looking up, nothing is! Interested in joining this market? Could you be receiving these results? Call us and let's talk! Call Jane: (415) 531-4091 or Peter: (415) 279-6466. We'd be happy to help you!
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