As agents flowed through the brokers open house at 122 Alder Avenue in San Anselmo, a marvelous home listed on MLS at $745,000 we talked about the market. Several of the agents work a lot in the San Geronimo Valley towns of Woodacre, Lagunitas and San Geronimo … and here’s the story …

A bit slow, they say, but there are 21 homes currently listed on the Marin multiple listing service (MLS) and six of those (30%) are in escrow …. doesn’t sound all that slow … and then look at some of the dozen sales in the last six months … 355 Redwood, listed by Susan Swan of Bradley Real Estate had seven offers and sold for 7% over asking … three of the offers were all cash (the highest offer was not take as it required a loan) … four of the seven offers were for over asking price … and Tamara Goldman, my Ross neighbor with Pacific Union International, sold it.

There was another smallish sale (the least expensive in the valley recently) of a fixer home on ½ acre listed by Bill Johnson of Frank Howard Allen and sold by Mike Cusick of Frank Howard Allen … for $125,000. Cash.

The largest sale of the dozen sold in the last six months was 295 Arroyo, another Susan Swan listing sold in 42 days for $1,180,000 at $786 per square foot … on 4.4 beautiful acres. Nice show.

In the past six months the average per square foot for sales was $391 … the days on market 76. The 21 homes currently on the market average 170 days and $382 per square foot .. so I’d say yes, the market has slowed AND good deals are there for the taking. So if you’re interested in a little land, a little garden and a bit of fresh air, let’s go …. call or email or tap me via my website and let’s go shopping.

P.S. Full Circle is still available … 5 acres, lots of house (9 bedrooms) and expandable. I’ve had the calls from the blog but haven’t yet sold it. Come on, folk, let’s … that’s a great opportunity.

Posted by:  Tom Verkozen