As of May 4, 2007 36% of available listings in Mill Valley are in escrow, indicating a Seller's Market--and I am in complete agreement. It's downright crazy!
For the month of April 2007 48 homes sold in Mill Valley for an average final selling price of $1,441,604.
The average original list price of these homes was $1,454,831.
It took thiese homes an average of 37 days to sell. In fact, 3 of these homes sold before they even hit the MLS, 1 home was on MLS for only 1 day and 1 home was on MLS only 3 days. If you want to buy in Mill Valley, you better be prepared to act fast and be competitive.
Of the 48 homes that sold 8 sold AT the asking price and 18 sold OVER. One home at 59 Homestead was on the market at $899K and sold in 12 days for $1,220,000! Crazy!
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