Marin Luxury Home Sales Edge Up in February, Coldwell Banker Residential Brokerage Reports
Summary
“In general, there has been more buyer interest and activity since the beginning of the year in many markets, including Marin,” said Rick Turley, president of Coldwell Banker Residential Brokerage.The slowly growing U.S. economy, coupled with concerns about the Middle East unrest and the earthquake and tsunami disasters in Japan, may make buyers a bit more cautious in the short-term.Coldwell Banker Residential Brokerage serves Marin County with six offices: 83 Beach Road in Belvedere; 350 Bon Air Ct., Suite 100, in Greenbrae; 500 Sir Francis Drake Blvd.### Mill Valley, CA, March 19, 2011 --( PR.com )-- Luxury home sales in Marin County moved higher in February from the previous month, but declined slightly from last year, according to Coldwell Banker Residential Brokerage, the Bay Area’s leading provider of luxury real estate services.A total of 29 homes sold for more than $1 million in Marin County last month, up from just 18 sales in January.The slowly growing U.S. economy, coupled with concerns about the Middle East unrest and the earthquake and tsunami disasters in Japan, may make buyers a bit more cautious in the short-term.Some key findings from this month’s Coldwell Banker Residential Brokerage luxury report:* The most expensive sale in Marin County in February was a six-bedroom, seven-bath 5,535-square foot home in Kentfield that sold for $$6,215,000;* San Rafael boasted the most million-dollar sales with five, followed by Mill Valley and Sausalito with four apiece;* It took an average of 205 days to sell a million-dollar home in the county, up from 154 days a year ago and 110 days the previous month.The Marin County Luxury Home Report is a monthly report by Coldwell Banker Residential Brokerage, a specialist in high-end real estate sales.