Christie’s Great Estates Mill Valley Real Estate Report (October 2010 Home Sales Update)

October 29, 2010

The number of September 2010 home sales in Mill Valley totaled 19 and gave rise to the following averages: an average price of $1,307,026 and approximately 2,475 sq. ft. (or about $494 per sq. ft.). Note that the price per square foot number is prone to wild swings from month to month. For example, a few months ago, the price per square foot was $640 in Mill Valley. This is because the composition of sales varies from month to month — at best, price per square foot is a blunt instrument.  The number of listings actively market on the MLS is on the low side (137) as many sellers have decided to take their homes off the market as Fall sets in.

The percentage of homes in escrow:

  • Under $800,ooo — 31%
  • $800,000 to $1 million — 21%
  • $1 million to $1.5 million — 23%
  • $1.5 million to $2 million — 30%
  • Above $2 million — 12%

Listings in Homestead Valley and Strawberry generated the most calls this month. If you would like more information about neighborhoods, sales, schools, or local Mill Valley services references, just give me a call at (415) 350-9440 or e-mail me at Kyle@MillValley101.com. I currently have several clients who want to sell, but are waiting in the wings. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Marin Platinum Group with access to dozens of homes not “officially” on the market but available for sale.

If you would like my Mill Valley Hot List e-mail me at Kyle@MillValley101.com.It is always my pleasure to be of service. Christie’s Great Estates | Pacific Union International.