Melanie Tan
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
Data through Feb 2026 · Part of the Novato housing market
ZIP 94948 offers real opportunities for buyers right now:
Based on just 1 sale in February 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Read this as a rough snapshot; a single transaction can move these numbers noticeably. Updated weekly.
Data through February 2026
See how prices, monthly costs, and mortgage rates have moved in 94948, Novato.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
Data for ZIP 94948 specifically is limited. Only 1 sale in the most recent month is not enough to read neighborhood-level conditions, and one unusual transaction can dominate the reported numbers. Zooming out to the broader Novato market: novato is a balanced market that is tilting gently toward buyers. Both sides have reasonable leverage, contingencies are more common, and there is time to make thoughtful decisions.
ZIP 94948's one recent sale was at a median of $1.41M. That is close to Novato's city-wide median of $1.23M. With only a single data point, it is hard to draw firm neighborhood-level conclusions. This could reflect a specific property or an unusual transaction rather than a broader trend. For context, the Bay Area median is $1.88M.
Using the one recent sale as a rough anchor, your estimated total monthly cost with 20% down at 6.53% would be approximately $8,804:
The actual number for any specific property depends on sale price, HOA if applicable, and lender.
→“Mel did an amazing job helping us buy our first home. When we first met her, we had done literally zero of the steps needed to buy a house, and 28 days later we closed.”
“I work in commercial real estate with many different agents and I can proudly say that Mel is above the rest.”
“Working with Mel was the best decision I made in my home-buying journey. She was incredibly patient, taking the time to explain every detail of the process to me.”
“Mel did an incredible job helping me find and purchase my first home! She was very responsive, professional, and knowledgeable.”
“Working with Mel was a fantastic experience from start to finish. We were immediately impressed by her active listening and her ability to translate our needs.”
I read every message and usually reply the same day.
