Real Estate Market Update for
94941 (Mill Valley, CA)
Video: Real Estate Community Tour for 94941 (Mill Valley, CA)
See Real estate community tour for 94941 (Mill Valley, CA)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 16% from one year earlier, and down 18% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 2.1-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 6%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 1.5-million dollars. The number of units sold was consistent year-over-year, and increased 37% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.