Mill Valley Real Estate Report (January 2012 Home Sales Update) | Pacific Union International
January 30, 2012
December 2011 home sales in Mill Valley dipped to just 18 trades. These properties sold for an average price of $1.196 million and averaged 2,202 sq. ft. (or about $496 per sq. ft.). Pricing remains the key ingredient determining buyer interest levels and salability. Buyers continue to insist on readily apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out. The number of listings actively on the market in the MLS has decreased to the point of virtual . This is extraordinarily low inventory even for this time of year.
Listings in Strawberry, Middle Ridge, Sycamore Park, and Tam Valley generated the most calls this month. Well-priced homes continue to generate multiple offers. 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 for Spring 2012. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and 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. It is always my pleasure to be of service. Christie’s International Real Estate | Pacific Union International Mill Valley, CA.
Mill Valley Real Estate Report (December 2011 Home Sales Update) | Pacific Union International
January 1, 2012
November 2011 home sales in Mill Valley held steady at 22 trades. These properties sold for an average price of $1.086 million and averaged 2,293 sq. ft. (or about $481 per sq. ft.). Pricing remains the key ingredient determining buyer interest levels and salability. Buyers continue to insist on readily apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out. The number of listings actively on the market in the MLS has decreased to the point of virtual . This is extraordinarily low inventory even for this time of year.
Listings in Boyle Park, Strawberry, and Tam Valley generated the most calls this month. Well-priced homes continue to generate multiple offers. 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 for Spring 2012. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and 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. It is always my pleasure to be of service. Christie’s International Real Estate | Pacific Union International Mill Valley, CA.
Mill Valley Real Estate Report (October 2011 Home Sales Update) | Pacific Union International
November 11, 2011
September 2011 home sales in Mill Valley dipped to just 21 trades (this is reflective of the traditional slowdown related to Summer — e.g., because few homes go into escrow in August, there are few closings in September). These properties sold for an average price of $1.246 million and averaged 2,344 sq. ft. (or about $539 per sq. ft.). Pricing remains the key ingredient determining buyer interest levels and salability. Buyers continue to insist on readily apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out. The number of listings actively on the market in the MLS has decreased to 83 homes. This is extraordinarily low inventory even for this time of year.
The percentage of homes in escrow are:
- Under $800,ooo — 48%
- $800,000 to $1 million — 19%
- $1 million to $1.5 million — 25%
- $1.5 million to $2 million — 13%
- Above $2 million — 14%
Listings in Sycamore Park, Boyle Park, and Tam Valley generated the most calls this month. Well-priced homes continue to generate multiple offers.
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 for Spring 2012. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and 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. It is always my pleasure to be of service. Christie’s International Real Estate | Pacific Union International Mill Valley, CA.
Mill Valley Real Estate Report (September 2011 Home Sales Update) | Pacific Union International
September 27, 2011
August 2011 home sales in Mill Valley rose to 37 trades (pretty strong number considering the Summer is normally very slow for Marin County real estate)). These properties sold for an average price of $1.229 million and averaged 2,328 sq. ft. (or about $530 per sq. ft.). Pricing remains the key ingredient determining buyer interest levels and salability. Buyers continue to insist on readily apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out.
The number of listings actively on the market in the MLS has increased as we enter the slower Summer season to 106. The percentage of homes in escrow:
- Under $800,ooo — 43%
- $800,000 to $1 million — 31%
- $1 million to $1.5 million — 37%
- $1.5 million to $2 million — 11%
- Above $2 million — 19%
Listings in Strawberry, Boyle Park, Middle Ridge, and Homestead Valley generated the most calls this month. Well priced homes continue to generate multiple offers.
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 for Spring 2011. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and 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. It is always my pleasure to be of service. Christie’s Great Estates | Pacific Union International Mill Valley, CA.
Mill Valley Real Estate Report (Pacific Union July 2011 Home Sales Update)
July 31, 2011
June 2011 home sales in Mill Valley rose to 35 trades (up from 28 in May). These properties sold for an average price of $1.245 million and averaged 2,365 sq. ft. (or about $547 per sq. ft.). Pricing remains the key ingredient determining buyer interest. Buyers insist on apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out.
The number of listings actively on the market in the MLS has increased as we enter the slower Summer season to 106. The percentage of homes in escrow:
- Under $800,ooo — 35%
- $800,000 to $1 million — 29%
- $1 million to $1.5 million — 22%
- $1.5 million to $2 million — 22%
- Above $2 million — 10%
Listings in Strawberry, Boyle Park and Homestead Valley generated the most calls this month. Well priced homes continue to generate multiple offers.
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 for Spring 2011. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and 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. It is always my pleasure to be of service. Christie’s Great Estates | Pacific Union International Mill Valley, CA.
Mill Valley Real Estate Report (Pacific Union June 2011 Home Sales Update)
June 29, 2011
May 2011 home sales in Mill Valley held steady with 28 trades (up from 13 in January!). These properties sold for an average price of $1.058 million and averaged 1,952 sq. ft. (or about $552 per sq. ft.). Pricing remains the key ingredient determining buyer interest. Buyers insist on apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out. Now, more than ever, is the time for sellers to be very careful about who they have negotiating for them — poor negotiating by “say anything” agents can result in losses of tens or hundreds of thousands of dollars.
The number of listings actively on the market in the MLS has increased as we enter the slower Summer season to 122. The percentage of homes in escrow:
- Under $800,ooo — 39%
- $800,000 to $1 million — 30%
- $1 million to $1.5 million — 25%
- $1.5 million to $2 million — 24%
- Above $2 million — 4%
Listings in Strawberry, Boyle Park and Homestead Valley generated the most calls this month. Well priced homes continue to generate multiple offers.
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 for Spring 2011. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and 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. It is always my pleasure to be of service. Christie’s Great Estates | Pacific Union International Mill Valley, CA.
Mill Valley Real Estate Report (Pacific Union March 2011 Home Sales Update)
March 17, 2011
February 2011 home sales in Mill Valley climbed ever-so-slightly to 15 (up from 13 in January). These trades sold for an average price of $903,927 and averaged 2,151 sq. ft. (or about $453 per sq. ft.). While anecdotally we are hearing about increased activity, the fact remains that pricing is key. Buyers insist on apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out. The number of listings actively on the market in the MLS remains very low at 72. I suspect once the current rainy spell ends (it looks like it is supposed to rain non-stop for another weeks), we will see inventory balloon. It will be interesting to see how sales play out in Q2 as it appears that bonuses for employees working in the San Francisco financial sector may spur bread-and-butter and luxury sales in our highly desirable city.
The percentage of homes in escrow:
- Under $800,ooo — 48%
- $800,000 to $1 million — 24%
- $1 million to $1.5 million — 33%
- $1.5 million to $2 million — 20%
- Above $2 million — 0%
Listings in Boyle Park and Homestead Valley 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 for Spring 2011. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and 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. It is always my pleasure to be of service. Christie’s Great Estates | Pacific Union International Mill Valley, CA.
Mill Valley Real Estate Report (Pacific Union January 2011 Home Sales Update)
January 3, 2011
December 2010 home sales in Mill Valley totaled 20. These trades sold for an average price of $1,149,219 and averaged 2,364 sq. ft. (or about $491 per sq. ft.). The end of 2010 saw a heightened sense of security from buyers of homes in the bread-and-butter Mill Valley price range of $1.5 million to $2 million. We had 6 such sales and another 5 between $1 million and $1.5 million. The number of listings actively on the market in the MLS a very low 64 — most sellers took their homes off the market as Winter set in. Inventory will increase again beginning in February and peak in May or June. It will be interesting to see how sales play out in Q1 as it appears that bonuses for employees working in the San Francisco financial sector may spur luxury sales in our highly desirable city.
The percentage of homes in escrow:
- Under $800,ooo — 38%
- $800,000 to $1 million — 21%
- $1 million to $1.5 million — 30%
- $1.5 million to $2 million — 21%
- Above $2 million — 10%
Listings in Homestead Valley and Sycamore Park 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 for Spring 2011. 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@ImagineMarin.com. It is always my pleasure to be of service. Christie’s Great Estates | Pacific Union International.
Mill Valley Real Estate Report (Pacific Union November 2010 Home Sales Update)
November 23, 2010
October 2010 home sales in Mill Valley totaled 20. These trades sold for an average price of $997, 159 (this figure is much lower than normal as last month’s sales were nearly all under $1.5 million, which is somewhat unusual — September sales averaged $1,307,026) and the homes averaged 2,065 sq. ft. (or about $501 per sq. ft.). It seems September 2010′s sales reflected extreme buyer caution as 19 of the 20 sales were under $1.5 million — on any given month we would expect about 1/2 the sales to be over $1.5 million. Certainly the 13 sales under $1 million helped to clear out some lingering inventory in this entry level price band. The number of listings actively market on the MLS is on the low side (103) as many sellers have decided to take their homes off the market as Winter sets in.
The percentage of homes in escrow:
- Under $800,ooo — 46%
- $800,000 to $1 million — 21%
- $1 million to $1.5 million — 33%
- $1.5 million to $2 million — 27%
- Above $2 million — 0%
Listings in Strawberry and Sycamore Park 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.
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.
