Novato is one of the most affordable cities for housing in Marin County, and it wasn’t all that long ago that $2 million sales were rare, and $3 million and higher sales were unheard of.
But Novato prices have appreciated, and in 2022, there were 57 sales in the $2 million range (up from 46 sales in 2021). And consider this: In 2019, the year before the pandemic, there were just 9 sales north of $2 million.
What about $3 million sales? Last year, 4 sales topped $3 million (down from 9 sales in 2021).
Altogether, the $2 million-plus sales accounted for 13% of all Novato single-family home sales — the most EVER!
We thought it would be interesting to know the following:
- Are the most expensive houses in Novato ($2 million and up) concentrated in one neighborhood, or are they spread out among different neighborhoods?
- Which Novato neighborhoods are the priciest?
- Which Novato streets have the highest-priced sales?
Here’s what our research on the Multiple Listing Service turned up.
Are the most expensive houses in Novato are concentrated in one neighborhood, or are they spread out among different neighborhoods?
In fact, $2 million listings are spread out across Novato. Last year, 8 Novato neighborhoods had sales of $2 million or more.
Which Novato neighborhoods are the priciest?
Here are the neighborhoods with the most sales topping $2 million:
Marin Country Club — 7 sales
Bel Marin Keys, Pointe Marin, San Marin, Pleasant Valley — 5 sales each
Indian Valley — 4 sales
Presidents — 3 sales
Which Novato streets had the highest-priced sales?
Laurelwood Drive — 5 sales (Pointe Marin in Ignacio)
Fairway Drive — 3 sales (Marin Country Club)
Owl Ridge Court — 2 sales (Stonetree)
Oak Valley Dr. — 2 sales (Verissimo Valley in Pleasant Valley)
W Brooke Drive — 2 sales (Pleasant Valley)
Old Ranch Road — 2 sales (Indian Valley)
Eagle Drive — 2 sales (Marin Country Club)
Which Novato streets do you like best? Novato is very spread out and has many wonderful neighborhoods at all price points.
If you are thinking of buying or selling in Novato, please contact us today to discuss your plans!
Links to related stories:
Novato’s Hottest Neighborhoods