Saturday, April 16, 2011

Why Are You Still on the Sideline? Well, as they always do, the monthly stats for sales and prices came out again yesterday. Covering both the median sales price and total number of sales for the past month and the median sales price compared to the same month a year ago, both stats showed an increase for both the county and Mill Valley. For the county, sales rose 11% from a year ago, while median price increased 2.4% to $779,000. This was also the first time in six months that both figures have increased in the same month. Additionally, the total of 171 single family sales in the month of March were 52.7% higher than the number a year ago. A major factor in the increases was the first large jump in several months in the upper end of the market--prices over $2 million. The moderate and lower priced homes continued their recent rises, but at a faster pace than a few months ago. If you have a condo, sales there also increased over 19% for the month, although median prices dropped almost 10%. Similar good news was the rule in Mill Valley, the only difference being on the exact numbers, but the specific figures were just as encouraging in their own right. Thinking of selling or buying? With events like these and rates still below 5%, you still have a fabulous opportunity!Give us a call: (415) 380-2133 or 531-4091. If email is your preferred thing, drop us a note: .


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