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Mill Valley Real Estate Market Profile

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 AltosResearchAre 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.

 

Corte Madera Real Estate Market Profile

This market profile is a weekly snapshot of what is happening in Corte Madera. 

This week saw relatively little price change from last week. However, the median price in Corte Madera continues to demonstrate a nice up trend in
general over the last several weeks.

Corte Madera Real Estate Market Update
Median List Price $1,107,000
Asking Price per Square Foot $640
Average Days on Market 59
Percent of Properties with Price Decrease 33%
Percent Relisted 3%
Median House Size (sq ft) 1,648
Median Lot Size 6,501-8000 sq feet
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.0
Market Action Index 19  – Cold! Buyer’s Market

 

The Market Action Index answers the question “How’s the Corte Madera 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.


Corte Madera Real Estate Market Data effective as of August 10, 2008.  Data provided by AltosResearchAre 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.

 

Maison Reve makes better homes..

MaisonReveI 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.

MaisonReveinPrintThe 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. 

Baseball Day- A Private Tour of AT&T Park

ATTPark

Image Courtesy of Jill Clardy

Looking for something fun to do with the kids?  How about a trip to AT&T Park in San Francisco for a behind the scenes look at the ball park.  Tours include:

  • The Field Warning Track
  • The Dugouts
  • Indoor Batting Cages
  • The Visitors’ Clubhouse
  • The Press Box
  • The Luxury Suite
  • Ballpark Features and Views

When:  Tours every day at 10:30 and 12:30 except game days
How Much:  Adults $10.00, Seniors $8.00, Kids under 12:  $6.00, Under 2, Free
More Info:  http://sanfrancisco.giants.mlb.com/sf/ballpark/tours.jsp or 415.927.2400

Tours last about 1 hour and fifteen minutes

Marina Style- Junior League of San Francisco Home Tour

JuniorLeagueSanFranciscoHomeTour1

It is home tour time again!! The Junior League of San Francisco’s 14th Annual Home Tour. “A Day by the Bay” will be held on Saturday, September 20, 2008 in several private residences throughout the Marina district and will include an outdoor artisan marketplace and a VIP area with gourmet food and wine pairings.

This event is a must attend for anyone interested in interior design, architecture, luxury homes, or San Francisco real estate. There will also be a special Preview Night Party the night before on Friday, September 19th for those who are interested in seeing the homes at night and attending a gala event afterwards. I was fortunate enough to chair the Junior League Home Tour two years ago (Give My Regards to Broadway Tour). This amount of volunteers and effort put into this tour is astounding, and the results are phenomenal.

JuniorLeagueSanFranciscoHomeTour2

  • Date: Saturday September 20th 2008
  • Where: Marina District – San Francisco, CA
  • Time: 10:00 AM – 4:00 PM
  • Cost: General Home Tour tickets are $55 ($65 after 9/01/08). VIP tickets are $100 ($115 after 9/01/08).
  • More info and ticket purchase: www.jlsf.org

The event is well worth the ticket price and benefits Bay Area Community progams such as:

  • La Casa de las Madres-California’s first, and the nation’s second, shelter dedicated to women and children escaping domestic violence.
  • Sequoia Healthy Start – a program that provides educational and family support services at the Sequoia Elementary School in Oakland.
  • Compass Community Services– serves the homeless and extremely low-income families with children in San Francisco.
  • Homeless Prenatal Program– works with families to break the cycle of homelessness and poverty by seizing the motivating opportunity created by pregnancy and parenthood.
  • International Rescue Committee– helps refugees and asylees escaping oppression or violent conflict to rebuild their lives and achieve self-sufficiency in this country.
  • Ronald McDonald House, San Francisco– supports the needs of families of critically ill children who are in the Bay Area receiving medical treatment.
  • Support for Families of Children with Disabilities– helps families of children with any kind of disability or special health care need in San Francisco.

Live Marin Real Estate Market Reports

I am very excited about some new market charts and reports that I now have here on BlogbytheBay.com.

My market research reports are real-time and have detailed information about what is happening right now in the market.  You can learn about Marin real estate price trends, supply and demand and other leading indicators of the real estate market.

Market stats can now be found LIVE on this site by clicking on the link at the top of the page or by book marking this page.MarinRealEstateMarketReports

You can also sign up to receive very detailed real-time market reports in your email.  These reports are awesome – tons of information.  Just register below and let me know which neighborhoods you are interested in.  See the screenshot below or download a sample report.

MillValleyReportSample 

 

 

Let me know what you think.  I personally think these reports rock.  I love my friends at Altos Research!