San Rafael real estate sales remained strong in June. We had 45 trades (compared to 41 in May). The entry level price band (less than $600,000) remains hot — 37 of these homes are currently in escrow. Meanwhile, the $600,000 to $800,000 price band (a mix of entry level and move-up homes) remains tepid with 25 percent of homes in escrow. The inventory for single family homes for sale increased slightly this month to 198 homes. Increased supply is typical this time of year as many of the overpriced homes from early in the year remain on the market and new listings are added.
Of the 45 homes sold in June, the average:
- Days on market was 73
- Sales price was $746,088
- Home size was 1,909 square feet
- Per square foot was $394
Homes in Gerstle Park, Lucas Valley and the Dominican generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at 350-9440.
Find out what's happening in San Rafaelfor free with the latest updates from Patch.
Kyle Frazier is a broker, Realtor, certified residential specialist, and a certified luxury home marketing specialist, with Christie's Great Estates | Pacific Union International.
