Marin Luxury Homes & Real Estate | Exclusive Marin Estates | Kyle Frazier, CRS (Morgan Lane Marin Real Estate)
Marin Luxury Homes & Real Estate | Exclusive Marin Estates | Kyle Frazier, CRS (Morgan Lane Marin Real Estate)
31 Baywood Canyon, Fairfax, CA. -- Situated at the entrance to the coveted Baywood Canyon Estates, this meticulously renovated residence boasts sophisticated, timeless finishes throughout. Great scale, and large, light filled open spaces are evident throughout the +-3346 square foot home. Designed to take advantage of the central courtyard, all of the home’s main rooms open to large, level areas for outdoor entertaining. The completely level +-1.8 acre property offers a sprawling level lawn, large patios and lovely, mature gardens. Located just steps to the famed equestrian center, hiking trails and community pool, this residence affords the new owner a resort ...
Imagine yourself sitting by the pool with a frosty Mai Tai; a lazy summer breeze fluttering the pages of that novel you've been waiting to read, with banana palms waving softly above you. Welcome to ImagineMarin.com Here, you can access all the facts and information you need to make intelligent, strategic decisions relating to Marin, California--homes for sale, neighborhood information, school scores, restaurant and lifestyle portals, and more. If you can't find the information you seek, Kyle Frazier (Marin Realtor & CRS) is just a phone call away -- do not hesitate to utilize him as a resource. He can be reached on his cell ...
Kyle Frazier is a certified residential specialist--the highest designation offered by the National Association of Realtors. Client satisfaction is demanding in the rough and tumble world of luxury real estate. Kyle and his dedicated and caring team are there to meet the challenge. Client Satisfaction Is Paramount Kyle's exemplary professionalism manifests itself in many ways, from treating everyone with courtesy and respect, to doing the right thing every time (not just when people are looking). This focus on integrity and quality have benefited Kyle's clients with tangible results and bnefitted Kyle with extraordinary good will. Marin County property owners and real estate investors ...
I am pleased to introduce ImagineMarin.com -- dedicated to providing detailed information about the Marin County, California real estate market, including homes for sale, solds, absorption rates, days on market, trends, statistics, and professional analysis. Marin County, California real estate is precious and coveted--so much so that about 80% of the land in Marin is designated as open space. [caption id="attachment_60" align="aligncenter" width="458" caption="Bridging Luxury Homes and Befitting Buyers "][/caption] Kyle Frazier's Belief System Kyle knows that reputations are built one relationship at a time. Sometimes doing the right thing or standing up when it is easier to sit down can test one's resolve. ...
Marin County, California’s luxury home market continues to recover from the proverbial wasteland of late 2008 and early 2009 when it seemed as though the luxury home market would never recover. Yet, as reported in previous months, real buyers continue to snap up homes in prestige locations such as Belvedere, Ross, Kent Woodlands, etc. Indeed, “value” properties are gobbled up quickly. Despite this apparent thirst for luxury digs, inventory levels remain 40% higher than two years ago. This trend is not unique to Marin, but prevails nationwide. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing, click HERE.
The below chart reflects the number of homes in the $2 million to $4 million luxury price band which are in escrow (compared against the past 2 years). Note that the number of homes with accepted offers (not closed sales), is up 50% from 2 years ago and 450% from last year. This is a promising trend.
Another statistic that may not be readily apparent to casual observers is the fact that prices in the $2 million to $4 million price band are stabilizing as median sales prices countywide are down just 6% over the past 2 years. Of course, the impact of the downturn varies greatly by neighborhood and even within neighborhoods based on amenities.
$2 Million to $4 Million Luxury Homes
Following a very strong November and December 2009, sales in January 2010 reflected our typical seasonal slowdown as Marin County recorded just 4 trades. Yet, we have another 13 homes in escrow. Certainly, buyers are feeling some urge to buy as it appears that the poor economic environment may be improving and the pricing in the marketplace suggests “value.” Inventory remains low (although higher than last month) at just 70 homes on the market between $2 million and $4 million.
Cities recording January 2010 sales in this price band included: Belvedere (1), Mill Valley (1), Kentfield (1), and Tiburon (1). These homes averaged 239 days on market. Their average sales price was $2.542 million (roughly $626 per square foot), with an average of 4,015 square feet. The absorption rate for Marin homes in this price band is 17.5 months (which is high due to the low number of trades and increased inventory).
$4 Million & Up Ultra-Luxury Homes
The already low inventory level of Marin County’s ultra-luxury market (homes priced in the $4 million and up range) held steady at 36 homes for sale. The highest concentrations of homes in this price band are Tiburon and Belvedere. Marin County experienced 2 sales last month in this price band — one was Sean Penn’s estate and the other was a one-of-a-kind supreme location estate which sold for $14 million. Both sales were in Ross and the latter was accomplished via a Morgan Lane buyer client.
By: Kyle Frazier, Certified Luxury Home Marketing Marketing Specialist (CLHMS), Certified Residential Specialist (CRS), Broker Associate, Realtor | Christie’s Great Estates — Morgan Lane International. Call Kyle Frazier at 415/350-9440 for more luxury home market information in San Francisco and Marin Counties.
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Homes provide not just shelter, privacy, and emotional sanctuary, but our homes are also an extension of our personal style. No other personal possession speaks so boldly of our innermost desires. Our homes give us comfort, lifelong family memories, and impact our impressions of the world in ways that no other single material thing can. Most importantly, home is where the love is.
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Kent Woodlands is an unincorporated residential community located in Kentfield, Marin County, California. Kent Woodlands consists of approximately 550 residential lots located at the base of Mt. Tamalpais in the Ross Valley.
The neighborhood, with a population of about 1,700, is characterized by its large, heavily wooded home sites. It derives its name from the family [...]