$10,000 Closing Credit*
$888,000
1,600 SqFt
3 Beds
•3 Full Baths
#324082633, Joseph C Hayden, Listing Office: Harper Real Estate
Is Northwest Novato, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Northwest Novato has remained a Seller's Market.
Key Takeaway
Northwest Novato is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northwest Novato, CA
How much do homes in Northwest Novato, CA cost?
Median Sold Price
$1,105,000
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$2,500(+0.2%)
Key Takeaway
The sold price of homes in Northwest Novato has remained the same since last year.
Summary: The median home sold price in Northwest Novato was $1,105,000 in September 2024, up 0.2% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $650K | $635K | -2.3% |
| 3 Bedrooms | $946.5K | $872K | -7.9% |
| 4 Bedrooms | $1.2M | $1.3M | +10.0% |
| 5+ Bedrooms | $1.5M | $1.8M | +20.2% |
Summary: Northwest Novato housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in Northwest Novato, CA
How many homes are available in Northwest Novato, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 17 | 21 | +23.5% |
Summary: The Northwest Novato real estate market had 21 homes for sale in September 2024, a 23.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northwest Novato housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Novato, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Northwest Novato in September 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Northwest Novato, CA
We’re sorry, we don't have information for this market at the moment
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