How well the market is functioning changes with the season and the often painful economic news. Real estate statistics for Ross Valley, the towns of San Anselmo, Kentfield, Ross and Fairfax, as of the last week in July shed light on the general Marin market picture.

Of particular interest is the fact that four of the five small income properties on the market are in escrow. What makes this special is that the constraints on investors purchasing property are extreme – high rates, lots of fees and large down payments (25 to 30%).

In the past six months there have been 134 sales in Ross Valley. That’s 23 sales per month. Currently 21 percent of the homes (55 out of 267 available) are in escrow.

Posted by:Tom Verkozen