3/29/08

Single Family Homes in the Marina

Here's the 2008 report.... all Single Family Homes on the market now, in contract now, or Sold since Jan 1st 2008.

Here's the report for Sept 1st thru Dec 31st 2007 Sales of Marina District Single Family Homes.

Price per SqFt is higher now $1,065 vs. $916. But the Average and the Median prices are both lower now vs. the latter part of 2007... Average was $3.3 million and is now$2.97 million. The Median was $3.07 million and is now $2.38 million.

But back to my "feet on the street" opinion... and that is that Buyers in this price range are snapping up the "special" properties in competitive bid situations. So if you're a bargain hunter, look for the properties that have some issues (small or no yard, odd layout, not the best block, poor condition, or even something that hasn't been painted and staged). Whereas, if you're interested in a property that everyone would want to live in, be prepared to compete.

For an analysis of a specific property visit www.Automated-HomeFinder.com

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