The Novato, CA housing market is a balanced market, scoring 44 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 168 homes for sale and 3.2 months of supply. Homes in Novato, CA sold for a median of $1,117,500, up 1.6% from the prior month, or $566 per square foot. The typical home goes under contract in 47 days, sales close at 98.8% of asking price and 29.8% of homes sell above list. 24.4% of active Novato, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 54 recorded sales and 168 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 306 Rockview Rd, Novato | 4/1,880 | $860,000 | 2026-08-22 |
| 34 Balra Dr, Novato | 3/1,528 | $1,150,000 | 2026-08-21 |
| 311 Capetown Ct, Novato | 4/1,344 | $585,000 | 2026-08-20 |
| 33 Manzano Ct, Novato | 4/2,095 | $1,175,000 | 2026-08-20 |
| 154 Ignacio Valley Cir, Novato | 3/1,801 | $985,000 | 2026-08-19 |
| 194 Maestro Rd, Novato | 4/2,830 | $1,665,000 | 2026-08-19 |
| 12 Lawrence Dr, Novato | 5/2,100 | $1,325,000 | 2026-08-19 |
| 10 Shari Ct, Novato | 4/3,358 | $1,815,000 | 2026-08-18 |
Novato, CA is currently a balanced market, at 44 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 3.2 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Novato, CA sold for $1,117,500 over the last 30 days. That is up 1.6% from the month before.
Homes in Novato, CA take a median of 47 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 47 days is worth a second look on price.
Homes in Novato, CA close at a median of 98.8% of their asking price, and 29.8% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 168 homes actively for sale in Novato, CA, about 3.2 months of supply at the current sales pace.