A place for residents of Marin County, CA and others to express their views regarding the real estate bubble and in particular the Marin real estate market
Wednesday, February 22, 2006
Price Reductions in Marin as of February, 22 2006
Following the lead of Athena over at the Sonoma Housing Bubble blog (I ask you, how can I go wrong following in the footsteps of a goddess?), here is the price reduction history and Days on Market (DOM) statistics for all of Marin County (search range is from $0 to $10 million) as of today care of ZipRealty:
Total units showing reduced prices: 62 (or 17% of the searched market)
Average DOM: 115 Max DOM: 337
Average percent price reduction: -4.93% Max percent price reduction: -17.1%
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