Marin Market Update | August 2023

Marin Market Update

August 2023

The Skinny

WELCOME WORDS Baseball Season ends Cliff Notes - Mill Valley & Marin Real Estate Market JUST SOLD in MILL VALLEY Wonderful, single-level ±1764sf Alto Sutton abode JUST LISTED Absolute stunner - 4bd/2.5ba downtown Mill Valley SUMMER MEMORIES... A trip to Cooperstown, New York DAWN PATROL Experiencing an exhilarating climb up Mt. Tam MARKET STATS - MARIN, AUGUST 2023

Welcome Words

Happy August everyone. "So, what's the market doing?" Well, below is a summary of the state of Marin's real estate market while the charts further below offer a more detailed approach. For me, a Just Sold and Just Listed property in Mill Valley is at the forefront, plus baseball season has come to an end in the Williams household (for a month :-) ) Outdoor activities still offer work/life balance, a belief and value of mine. Let's do this!! Cliff Notes - Marin Real Estate Market Low sale and listing numbers across both Mill Valley and Marin make for a very interesting balancing act currently between both buyers and sellers. Rising interest rates have meant sellers and buyers are spending a little more time before committing, which is on full display in the uptick of the days-on-market stat. Plus, the struggle of home owner's insurance coupled with August being historically one of the quietest months of the year, we're certainly facing a very interesting mixture of economic factors all at once. But things are not all dreary! Marin has held up relatively well against much of the rest of the housing market. And with September typically being a very hot month for real estate, I'm eager to see how things develop. Remember: Real estate is historically a wonderful place to protect purchasing power, and Marin has certainly been an all-star in that category. Reach out any time! - Dana | 415-609-7972

Sold in Mill Valley Seller Representation by: Dana Williams

MILL VALLEY 6 Meadow Dr 4 BD 3 BA 1764 SF $1,640,000 This 4bd/3ba property sits on a large, flat, fenced lot in the desirable Mill Valley neighborhood of Alto Sutton. Included is a 3bd/2ba single-level home, a detached 1bd/1ba cottage, single car garage, sizable driveway and spacious front and back yards. An updated kitchen with an island-style countertop connects the living and dining rooms together, while the detached cottage acts both as a private retreat for guests and a legal rental unit. In the back yard, a large deck with a hot tub, raised garden bed, horseshoe pits, grassy yard, and storage shed makes it an ideal spot for relaxing, playing, gardening, and otherwise enjoying the serene outdoors of Mill Valley.

Seller's Appreciation

"Absolutely the best. I chose Dana because of his standing in the community and his thorough understanding of the market here in Marin County. He employs technology, along with his verbal communication to greatly enhance his clients' experience. A great choice for all of your real estate needs." View Listing

Just Listed Seller Representation by: Dana Williams Mill Valley 86 Hillside Avenue 4 BD 2.5 BA 1,996 SF $2,895,000 - Available Now - Nestled within one of Mill Valley’s most sought after neighborhoods, this reimagined and thoughtfully remodeled 4 bedroom 2.5 bath home offers a rare opportunity to experience the very best of Mill Valley living. This stunning home, bathed in natural light, sits on a street-to-street lot that offers breathtaking views of both Mount Tamalpais and the San Francisco skyline.   All this, and more, is located just steps from shops, your favorite restaurants and all the conveniences enjoyed by real downtown living.

View Listing

Summer Memories...

A long baseball season in the Williams household came to an end with a trip to Cooperstown, New York. Every summer, for 16 weeks, the spectacular Cooperstown Dream Park hosts 12U tournaments every 6 days. Watching my 12 year old son's Bombers Baseball team crush it with his grandfather/my dad beside me will be a cherished memory (they finished 3rd out of 90 teams #prouddad).

Dawn Patrol

The exhilaration of watching the sunrise from the top of Mt. Tamalpais with friends is something I will never regret. DawnPatrol Tam happens every Wednesday, Friday, and Sunday. Reach out to me if you are interested in the experience. Check out some amazing photos in Instagram at @dawnpatroltam. I hope to see you out there soon!

MARKET STATS - MARIN, AUG. 2023

That's a wrap! Have a wonderful day! Reach out any time. - Dana

Dana Williams Your Partner in Real Estate MyRealtorDanaWilliams.com DRE# 01995115 M: 415.609.7972 dana.williams@compass.com

Statistics are generalities, essentially summaries of widely disparate data generated by dozens, hundreds or thousands of unique, individual sales occurring within different time periods. They are best seen not as precise measurements, but as broad, comparative indicators, with reasonable margins of error. Anomalous fluctuations in statistics are not uncommon, especially in smaller, expensive market segments. Last period data should be considered estimates that may change with late-reported data. Different analytics programs sometimes define statistics - such as "active listings," "days on market," and "months supply of inventory" - differently: what is most meaningful are not specific calculations but the trends they illustrate. Most listing and sales data derives from the local or regional multi-listing service (MLS) of the area specified in the analysis, but not all listings or sales are reported to MLS and these won't be reflected in the data. "Homes" signifies real-property, single-household housing units: houses, condos, co-ops, townhouses, duets and TICs (but not mobile homes), as applicable to each market. City/town names refer specifically to the named cities and towns, or their MLS areas, unless otherwise delineated. Multi­county metro areas will be specified as such. Data from sources deemed reliable, but may contain errors and subject to revision. All numbers to be considered approximate. Many aspects of value cannot be adequately reflected in median and average statistics: curb appeal, age, condition, amenities, views, lot size, quality of outdoor space, "bonus" rooms, additional parking, quality of location within the neighborhood, and so on. How any of these statistics apply to any particular home is unknown without a specific comparative market analysis. Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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