The selling season is most certainly active. While the following real estate news and reports are a look back (click here to see how Marin’s market has been changing), there seems to be a definitive “pause” in activity this week.
Higher end homes are flooding the market, not so much in Mill Valley, but in other communities like Tiburon, Sausalito, Kentfield, where a more than $10 million home hit the market.
Several homes sold quickly in Mill Valley in the past week:
- A home in Strawberry went contingent with a list price of $,5,800,000
- A Country Club home listed at $2,495,000 went contingent within a couple of days
- A foreclosure on Throckmorton Ave. listed for $1.4 million went contingent with 4 offers well over asking
- Plus, a Sunrise Point 2-bedroom went contingent immediately with a list price of $849,000
There continues to be many homes languishing on the market. Price could be the issue. Sellers are optimistic these days due to the activity in sales
in most neighborhoods. I see homes coming on the market and listed higher than I would expect. Does that means prices are rising? Not necessarily - but it seems to be trending that way, and that’s good news!