All the latest news have been pointing to a dramatic drop in sales all over the bay area. With this slowing trend, sellers are probably getting a little nervous and antsy. For those with homes that have been on the market for three months or more, the news is far from reassuring. For buyers, this may be a golden opportunity to negotiate for a good bargain. Swing by these open houses on Sunday that have been on the market for over 90 days. All are open from 1/2 – 4PM:
532 Seaver Dr, Mill Valley - 1 Beds, 1 Bath, 756 SF, $469,000: First listed on 6/5, this has been reduced by $10,000. This condo is a top floor unit end unit in a nice complex.
18 Janet Way #159, Tiburon – 2 Beds, 1 Bath, 1036 SF, $629,000: First listed on 7/5, this condo has dropped by $40,000 and has great views of the bay.
65 Santa Maria Dr, Novato – 4 Beds, 2 Baths, 1800 SF, $749,000: First listed on 7/25 for $825,000, this is cute Mediterranean that sits on approx 1/3 of an acre.
50 Cresta Dr #7, San Rafael – 2 Beds, 3 Baths, 1715 SF, $763,500: On the market since 7/9, this one has not yet had a price reduction. A contemporary loft in the Smith Ranch area of San Rafael, the owner may also consider leasing this 3 story home.
322 San Francisco Blvd, San Anselmo – 3 Beds, 2 Baths, 1452 SF, $849,000: First listed on 7/31 for $939,000, this house is ~10 days shy of the 90 day mark. Located by San Anselmo’s Sorich and Memorial Parks, this has been updated and has a large and flat yard and outdoor space.
15 Marina Blvd, San Rafael - 4 Beds, 2 Baths, 1752 SF, $921,000: Came on the market on 3/22 for $949,000, this house has been remodeled and featured on an April episode of HGTV.
206 Gibson Ave, Mill Valley – 3 Beds, 3 Baths, 1855 SF, $1,050,000: Listed over 155 days ago on 5/18 for $1,155,000, this house has an unusal sales history. It was sold in May 2005 for $1,030,000 and then sold in March of this year for $880,929. Doesn’t seem to be a flip… possibly a short sale and now hoping to profit off that?
764 Bay Rd, Mill Valley – 4 Beds, 4 Baths, 3622 SF, $2,295,000: First on the market on 6/19, this is a large custom home off of Shoreline Hwy on the way to Muir Woods. Price has been reduced by $100,000 since it’s debut.
3 Meadow Ave, Kentfield- 5 Beds, 4 Baths, 3537 SF, $3,295,000: Only a $100,000 price reduction since it first went on the market on 6/30, this house massive house also boasts a pool on its nearly 1/3 acre of property.