Home Prices in Novato Expected To Rise

Home prices in much of Novato will rise more than 6 percent this year, according to a study conducted by an online real estate site.

Zillow.com expects home prices in 244 of the 245 zip codes in the Bay Area to rise in 2013. The only exception will be the 94515 zip code in Calistoga, according to a story in the San Francisco Chronicle.

The story suggests that the primary reason for the price increase is the tight inventory, a lack of homes for sale on the market.

But even with the increase, prices remain far below peak prices of a few years ago.

Here is the individual zip code data for the Novato area.