Archive for the ‘Mill Valley’ Category
I was reviewing sales statistics in Mill Valley and pulled these two charts. The first chart is not anything surprising, the average days on the market of a Mill Valley home listing has been increasing while the median price of a Mill Valley home has been declining.
I then pulled the chart below which shows the number of new listings versus the median home price for Mill Valley. Median Mill Valley home prices have been declining with the number of new listings.
As new late winter/early spring listings start to come on, the question is whether the median Mill Valley home price will see some recovery OR if home prices will continue to fall.
There have been 21 Marin homes with a sales price over $5,000,000 sold year-to-date. In the same time period in 2007, 29 Marin homes with a sales price over $5,000,000 were sold.
| Address | Selling Price |
| 1960 Straits View Drive, Tiburon | $12,518,000 |
| 106 Mount Tiburon Rd, Tiburon | $10,500,000 |
| 210 Beach Rd., Belvedere | $9,750,000 |
| 3 Upper Ames Ave., Ross | $9,000,000 |
| 324 Palm Ave., Kentfield | $8,575,000 |
| 104 Laurel Grove Ave., Ross | $8,500,000 |
| 2 Upper Rd W, Ross | $8,000,000 |
| 1499 Lucas Valley Rd, San Rafael | $7,250,000 |
| 37 W. Shore Rd, Belvedere | $7,000,000 |
| 148 Seadrift Rd., Stinson Beach | $6,595,000 |
| 49 Glenwood Ave., Ross | $6,500,000 |
| 135 Belvedere Ave., Belvedere | $6,485,000 |
| 21 Sky Rd., Mill Valley | $6,350,000 |
| 276 Seadrift Rd., Stinson Beach | $6,300,000 |
| 100 Spencer Ave., Sausalito | $6,250,000 |
| 19 Place Moulin, Tiburon | $6,100,000 |
| 3636 Paradrise Dr., Tiburon | $5,975,000 |
| 700 Goodhill Rd., Kentfield | $5,900,000 |
| 109 Fawn Dr., San Anselmo | $5,850,000 |
| 59 Bridge Rd., Ross | $5,500,000 |
| 321 Summit Ave., Mill Valley | $5,300,000 |
*Statistics pulled from BAREIS MLS
This market profile is a snapshot of what is happening in Mill Valley. Mill Valley home prices have seen a downward trend in prices again this week but listing inventory has been tightening and days-on-market has been decreasing, which are positive signs for the market. The Market Action Index has been essentially flat.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,297,000 |
| Asking Price per Square Foot | $640 |
| Average Days on Market | 100 |
| Percent of Properties with Price Decrease | 55% |
| Percent Relisted | 3% |
| Median House Size (sq ft) | 2,225 |
| Median Lot Size | 8,001-10,000 Sq. Feet |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Mill Valley Real Estate Market?” By measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Mill Valley Real Estate Market Data effective as of November 17, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.
This market profile is a snapshot of what is happening in Mill Valley. The number of listings has been tightening and days-on-market increasing
recently. (more…)
Mill Valley Film Festival Underway!
The Mill Valley Film Festival features independent films from San Francisco Bay Area filmmakers and filmmakers around the world. One of my co-worker’s high school aged children is fortunate to have his film featured! The festival takes place in downtown Mill Valley and other theaters around Marin County until October 12th.
Looking for a great deal? Try the 5 for $5- five films for five dollars at 5:00 pm on weekdays. The Mill Valley Film Festival is non-competitive and features shorts, children’s films, documentaries, and international features.
If you are a movie buff, Mill Valley is the place to be this next week!
This market profile is a weekly snapshot of what is happening in Mill Valley. Home prices in Mill Valley have been moving up in recent weeks, but with recent market changes, I would expect a downward trend.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,349,000 |
| Asking Price per Square Foot | $646 |
| Average Days on Market | 97 |
| Percent of Properties with Price Decrease | 45% |
| Percent Relisted | 6% |
| Median House Size (sq ft) | 2,150 |
| Median Lot Size | 8,001-10,000 Sq. |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Mill Valley Real Estate Market?” By measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer. The Market Action Index has remained flat in recent weeks.
Mill Valley Real Estate Market Data effective as of September 21, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
Looking for a great spot to grab breakfast in Marin? Here are some of my favorite Marin restaurants for breakfast.
This market profile is a weekly snapshot of what is happening in Mill Valley.
This week saw a downward notch for prices. Pricing has been weak in recent weeks.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,295,000 |
| Asking Price per Square Foot | $652 |
| Average Days on Market | 95 |
| Percent of Properties with Price Decrease | 49% |
| Percent Relisted | 3% |
| Median House Size (sq ft) | 2,139 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Mill Valley Real Estate Market?” By measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Mill Valley Real Estate Market Data effective as of August 10, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
I thought this was really cool- one of my favorite Mill Valley stores made it on the cover of Better Homes & Gardens! Maison Reve in a chic home store in downtown Mill Valley with an “urban farmhouse” flair. The owner, Yasmin has incredible style, great taste, and is absolutely charming. The Mill Valley store offers interior design services as well.
The Better Homes & Garden article was shot at Yasmin’s own Marin County home last year. The article is about hosting gatherings at your home and should be on sale mid-August (September edition of the magazine).
For more information about Maison Reve, visit their website- www.maisonreve.com. The store is currently located at 11 Throckmorton in downtown Mill Valley, a few doors down from the Sequoia Theatre. According to Maison Reve’s newsletter, they will be moving to a new location at 108 Throckmorton in Mill Valley in October.