The Southwest Novato housing market is somewhat competitive. The median sale price of a home in Southwest Novato was $1.5M last month, up 23.7% since last year. The median sale price per square foot in Southwest Novato is $606, down 4.6% since last year.
What is the housing market like in Southwest Novato today?
In October 2024, Southwest Novato home prices were up 23.7% compared to last year, selling for a median price of $1.5M. On average, homes in Southwest Novato sell after 25 days on the market compared to 42 days last year. There were 21 homes sold in October this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,500,000
+23.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Southwest Novato, CA
$1,500,000
+23.7%
United States
To compare other locations to the Southwest Novato and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Novato add value to a home.
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How hot is the Southwest Novato housing market?
Southwest Novato is somewhat competitive. Homes sell in 25 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 25 days.
Hot homes
can sell for about 2% above list price and go pending in around 17 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southwest Novato housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Novato.
Flood Factor - Moderate
35% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Novato has a moderate risk of flooding. 805 properties in Southwest Novato are likely to be
severely affected
by flooding over the next 30 years. This represents 35% of all properties in Southwest Novato. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Novato has a major risk of wildfire. There are 3,048 properties in Southwest Novato that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Southwest Novato.
Southwest Novato has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest Novato has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
97% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Southwest Novato has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Southwest Novato have a Moderate Heat Factor®.
Southwest Novato is expected to see a 114% increase in the number of days over 89ºF over the next 30 years. Southwest Novato is expected to experience 5