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The Mill Valley Real

Nadine Donalds  |  October 31, 2022
[email protected] | 917.596.1336 | nadinedonalds.com | ethanmoeller.com
 
 
 
The fall real estate market in Mill Valley has seen buyer demand lessen due to concerns around rising interest rates, the stock market decline and signs of inflation. As a result, we’re seeing more inventory of homes for sale with longer average days on the market, and regular price reductions. Despite the buyer slowdown, property valuations ended in October similar to what they were in early 2022 and are now holding steady.
 
We are helping our sellers evaluate and prep their homes for the upcoming 2023 spring market. Pricing carefully in this evolving climate remains paramount to a successful sale. Recent average selling prices now match last listing prices. In the spring of 2022 the average selling price was 110%–120% of last listing price, primarily driven by the period of reduced inventory brought on by the pandemic.
 
Ethan and I remain busy helping our clients navigate these changing conditions. As we look ahead to 2023, if you or anyone you know is in need of help buying or selling a home in Marin, we're at your service. Thank you for thinking of us!
 
 

Featured Recently Sold Homes in Mill Valley

 

134 Lovell Ave

 
3 Bed, 2 Bath 1783 sqft
Original List Price: $2,695,000
Sold Price: $2,425,000
Sold Date: Oct 25, 2022
36 Days on market

HOME DETAILS

 
 

141 Walnut Ave

4 Bed, 3 Bath 2284 sqft
Original List Price: $4,995,000
Sold Price: $5,300,000
Sold Date: Oct 11, 2022
8 Days on market
 
 

23 Janes St

5 Bed, 3 Bath 3721 sqft
Original List Price: $4,995,000
Sold Price: $4,925,000
Sold Date: Oct 17, 2022
8 Days on market

HOME DETAILS

 

FEATURED LISTINGS

 
$599,000
858 sqft, 12724 sqft lot size
Fixer in magical location
 
 
58 Madrone Park Circle
$945,000
2007 sqft, 9300 sqft lot size
3Bed, 3Bath
 
 
141 Great Circle Drive
$2,900,000
3985 sqft, 9662 sqft lot size
4Bed, 3Bath
 
 

Current Mortgage Rates Are Now Above 7%

Oct 31, 2022
 
 

 

Interior Design Trends on the Rise for 2023

From bold marble to double islands, here's what industry experts expect to see more of next year.
 
Oct 31, 2022
 
 
 
 
 
 
 
 
 
 
 

About Nadine  |  About Ethan
917.596.1336
[email protected]
nadinedonalds.com
104 Tiburon Boulevard , Suite 200, Mill Valley, CA 94941
CalRE# 02155633
 

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