How's the Market in Marin County and Mill Valley?
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Keep up to date with the latest market insights, click on the reports to see the activity over the last 4 months.
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A correction is not a crash. The precipitating factor in the 2008 crash – tens of millions of households talked into home loans they couldn’t afford, forcing frantic sales during a recession – does not apply today. Indeed, mortgage payments as a percentage of income are close to all-time lows (and most homeowners’ mortgages are also at historically low rates). Outside the 2008 crash, market corrections over the last 4 decades typically ran from a simple flattening in appreciation, to price adjustments of 5% to 10% (relatively small compared to the appreciation rates which preceded them).
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Staggering levels of unaffordable mortgage debt was a huge factor in the 2008 crash, but right now, mortgage debt as a percentage of disposable income is close to an all-time low. A tsunami of foreclosures and short sales - behind the home price crash in 2008-2011 - is not imminent.
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OPEN HOUSE
October 9th, Sunday
2 - 4 PM
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This south-facing Homestead Valley home is bathed in natural sunlight and offers gorgeous valley views and privacy. The Stolte Grove of redwoods is just steps away. Well-known open-space trails are nearby which lead to Four Corners, Muir Beach, Mt. Tam, Stinson, and many other natural wonders that Marin County offers. The Homestead Valley Community Center and Pool are close at hand.
This is an elegant Mediterranean-style home with a low-maintenance clay tile roof and stucco walls. Mature plantings including trellised flowering vines, lemon and olive trees, bougainvillea, and other lush plants give this home a resort-like feel. Rebuilt from the ground up in 2000 this special home is a rare find. Your family will stay connected with a terrific open floor plan and a wonderful relationship with the outdoors!
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4 BD | 2 BA | 1,839 SF | 9,469 Lot SF
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Just Sold for $3,150,000, approx. 19% over the
asking price!
It was my sincere pleasure to represent the sellers of this wonderful Homestead Valley home, located on a quiet cul-de-sac just a block from Wholefoods & Miller Ave. We worked hard to prepare the home for sale, listed the home at $2,650,000, and ultimately we received multiple offers. The market is still alive and well in certain price segments and with certain homes!!
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2 BD | 1.5 BA | 1,254 SF + undeveloped bonus spaces
+ Panoramic views
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Sold for $1,900,000, 2.6% below the asking price
It has been a pleasure representing my buyers in purchasing this fantastic home with stunning panoramic views, extra bonus floor rooms, and additional spaces for development. This peaceful and private retreat is one of the most mystical settings overlooking precious protected open space and the Pacific Ocean. Gateway to endless miles of world-class hiking and biking out your backdoor as this property is bordering Golden Gate National Park, Muir Woods Park, Mt Tam Park, and the Dipsea Trail.
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4 Beds | 2.5 Baths | 2,284 SF | 6,250 LOT SF
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Listed at $4,995,000
A stunning, newly built home nestled within the highly coveted Tamalpais Park, this Scandinavian-style farmhouse was lovingly designed by the owner and masterfully constructed with the most modern materials and finishes. Bordered by lush landscaping, a charming front porch with a Dutch door welcomes guests across the threshold into a spectacular open concept that blends living, dining, and kitchen in one light-soaked expanse.
Anchored throughout with European white oak hardwood floors this four-bedroom home provides amazing indoor/outdoor flow with Fleetwood sliding doors that open to a verdant backyard with a blue stone patio and level lawn. Perfect for entertaining, the 2,284-square foot floorplan is peppered with designer finishes that reverberate warmth and comfort. The living room, featuring a Town and Country gas fireplace with custom steel surround, flows effortlessly into an open-concept dining room decked in custom built-ins...
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Nestled within a canopy of old-growth redwood, this spectacular custom home boasts panoramic views of the Pacific from its perch on the Mendocino coastline. A secluded haven that receives calm, wind-free days within the “Banana Belt’s” sunny embrace, the hilltop hideaway spans three legal parcels of land and affords access to a private beach minutes away...
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