Mill Valley Market Statistics 12-08 to 2-10…

Mill Valley is a small town located in Marin County nestled just  4 miles (6.4 km) north of San Francisco via the Golden Gate Bridge. Mill Valley is surrounded by hundreds of acres of state, federal, and county park lands and is located beneath Mount Tamalpais and has become popular for many high-income  San Francisco commuters.

Over the last 20 years home prices in Mill Valley and previously was considered unaffordable but now with the economic downturn and more properties creeping on the market it has now become an “affordable” move-up market.  In July 2005, CNN/Money and Money magazine ranked Mill Valley 10th in ti’s list of “100 Best Places to Live in the United States” this year Frobes ranked Mill Valley as the 18th most richest counties in the United States. 

As of this posting there are 96 homes listed on the MLS with listing prices ranging from $339K to $6.5M. To say the least Mill Valley is an area where you can still build wealth.  Investors are flipping properties for a profit. If you are looking for the long term hold then buying and holding for the long term gain is doable now in an area that was once considered unreachable for most people.

There is a property in the Altos section of Mill Valley (just off of E. Blythedale near “Horse Hill”) that was recently flipped. 4bd/2ba, chefs kitchen, 2,651 sqare feet. The home was purchased in January of 2009 for $590K and is being flipped for $1,899M. Astounding profit.

Mill Valley average price for sale and sold

Mill Valley average sale vs sold

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