What does 2023 hold for Hamilton real estate? Will it be a repeat of last year, when relatively few people sold their houses?

Watch this video from Realtor Erin McGinnis, or continue reading below.

Hamilton Novato Real Estate

We are several weeks into the new year and here’s what’s happened so far:

In January, there were no sales in Hamilton. One house went under contract with a buyer, and there is one new active listing.

Coming Soon in Hamilton Novato

Kevin and I have 2 listings coming up soon in Hamilton. One is in the Hideaway neighborhood, and the other in Bayside. You can call us to learn more.

Good Time to Sell

If you’re a home seller, it’s a good time to come on the market because you have very little competition, and we’ve seen a large increase in buyer activity throughout Novato since the start of the year. (Novato update here.)

As of this week, HALF of all houses on the market in Novato are in escrow. That’s up from around 30% of all houses in September, October, November and December.

This means more buyers are making offers on houses, and that is very welcome news after the market slowed way down in the second half of last year, as interest rates climbed past 7 percent. Rates have come down since then.

Please check out our other Hamilton and Novato updates on our YouTube channel @BestHomesMarin, and be sure to subscribe so you don’t miss any updates.

If you’re thinking of buying or selling this year, please contact us today so we can talk about your plans! Thanks for watching.