Ignacio’s Pointe Marin neighborhood in Novato is one of the most desirable areas to live in Marin County. Even though rising interest rates have slowed buying activity, there is still demand, especially for homes with updated finishes and larger-than-typical yards.
In the 3rd quarter of this year, July-September, the median home sale price in Pointe Marin was $1,600,000. That’s down 18% percent from summer 2022. The homes sold this past summer happened to be about 500 square feet smaller on average, so that contributed to the lower prices overall. But of course it’s also because the overheated (and unsustainable) 2022 market cooled as interest rates climbed.
Sale prices in the broader Novato market were down 8 percent from the previous summer.
Pointe Marin Novato Home Sales: July-September 2023
Here is a list of all the Pointe Marin home sales in the 3rd quarter of the year.
Two of the sales were our listings: 28 White Oak Way (sold off market) and 93 Laurelwood Drive.
The Pointe Marin real estate market has a number of bright spots. Here is Realtor Erin McGinnis with 3 things you should know about Pointe Marin real estate this fall. It’s a one-minute video:
Please check out our other Pointe Marin 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, please contact us today so we can talk about your plans! People often comment that they wish they’d contacted us sooner so they can plan better. It’s never too early!