Mill Valley Real Estate Market Report (August 2008 Home Sales Update)
Predictably and in line with June 2008, 53% of homes priced under $800,000 and 18% of homes between $1 million and $1.5 million are in escrow. Mill Valley’s inventory of single family homes for sale is about 102 homes currently on the market (there were 107 in July 2008). Mill Valley homes that sold during the past month averaged 56 days on the market and sold for an average price of about $1.726 million (about $724 per square foot), and averaged about 2,348 square feet.
Price Range |
Total Active Homes |
Pending Listings |
Up to $800K |
6 (no change) |
53% |
$800K – $1 mil. |
17 (up 2) |
22% |
$1 mil. – 1.5 mil. |
40 (down 3) |
18% |
$1.5 mil. – $2 mil. |
19 (no change) |
9% |
$2 mil. – $4 mil. |
17 (down 4) |
23% |
$4 mil. & Up |
3 (up 1) |
0% |
Homes in Boyle Park, Middle Ridge, Homestead Valley and Cascade Canyon continue to be in low supply and high demand. If you would like me to run the exact numbers on your neighborhood, just give me a call at (415) 350-9440 or e-mail me at [email protected].