Novato Real Estate Market Sees Home Sales Decline

While home sales in the Novato market have been above average, in this week's report they dropped 5.6% to 51 homes sold over the last 30 days. On the other hand, close-by Richmond registered 60 homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $681,200, up from last week's $671,000. With only three months of inventory to sell, Novato is a seller's market, in spite of the dip in sales.

Out of all the listings in Novato, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes:

$315K   $534K   $549K  

Get started right now by checking out Novato homes for sale or reviewing Novato real estate trends.

Demographic facts for Novato:

  • This area has a median house value of $467,500.
  • The area gets 65 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 6.9%.
  • The student-to-teacher ratio is 21.0:1. (15.3:1 = national average)

Data reported through 10/13/2016

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