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Novato Real Estate

Homes For Sale in Novato

Below are all of our active property listings in Novato. For additional listings of homes for sale in Marin County and San Francisco please visit our Current Listings page.

Home For Sale 2 Westridge Lane Novato
2 Westridge Lane
Novato
$999,000 - For Sale
Wonderful, large family home with views of the Novato Basin, San Pablo Bay and Marin Headlands

Novato Historical Pricing

novato comparison - average sales

Investing in Novato Real Estate, like most Marin towns, has been a rewarding experience-not only did you live in one of the greatest suburbs in the world, but you also made a small fortune doing so. In 1970 the average house in Novato sold for $31,310; by 2006 that number had risen to about $781,700 for a 36 year compounded rate of return of 9.3%. The dollar rate of return interestingly tells more: the total dollar rate of return since 1970 is about $750,000 but more than half of has come since 1998.

36-year rate of return

Novato's rate of return (without a mortgage) is about 9.3% and is significantly behind both the Marin County average of 9.8%. The State of California average real estate rate of return from 1970 though 2006 was 9.0% and the national average rate of return, no mortgage, was only 6.5%.

Year Novato Marin County California USA Average
2008 597,500 1,075,500 346,410 196,600
2007 780,344 1,221,529 558,100 217,900
2006 781,695 1,090,916 556,640 221,900
2005 772,222 1,078,819 522,670 219,000
2004 667,554 929,103 450,770 195,200
2003 567,442 817,961 371,520 180,200
2002 549,887 782,829 316,130 167,600
2001 510,765 757,523 262,350 156,600
2000 441,914 722,780 241,350 147,300
1999 363,664 590,821 217,510 141,200
1998 345,679 495,093 200,100 136,000
1997 303,576 443,135 186,490 129,000
1996 292,330 417,324 177,270 122,600
1995 283,799 397,069 178,160 117,000
1990 289,534 379,581 197,770 97,300
1985 158,674 200,557 119,860 75,500
1980 141,566 168,508 99,550 62,200
1975 53,750 64,215 41,600 35,300
1970 31,310 37,845 24,640 23,000
36 Year Return 9.3% 9.8% 9.0% 6.5%
2006 % of 100% 72% 140% 352%
11 Year Average 100% 69% 160% 304%

Novato Compounded 36 Year Rate of Return

Mortgage Type: No Mortgage 50% Mortgage 80% Mortgage Dollar Return
Novato 8.0% 10.0% 12.7% $566,190
Marin County Average 9.2% 11.2% 13.9% $1,037,655
California 7.2% 9.2% 11.8% $321,770
USA 5.8% 7.8% 10.4% $173,600



Novato Properties

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