Homes & Happenings

in Marin County

As we wrap up 2024, the Mill Valley real estate market offers a story of resilience and opportunity. It’s a dynamic time, with trends revealing both growth and shifting buyer preferences.

The average sales price reached $2.8 million this year, up from $2.4 million at the close of 2023. And homes with updated designs and modern features saw competitive bidding, with over half selling above the asking price. For buyers, turnkey properties remain the top choice, offering convenience and instant appeal​.

The luxury market has truly shined, with a record number of homes selling for over $5 million, reflecting Mill Valley’s continued appeal to high-end buyers who value its blend of natural beauty and proximity to San Francisco. Buyers are not just investing in homes but in a lifestyle. Whether it’s morning coffee at the Depot Café or weekend hikes up Mount Tam, Mill Valley continues to draw major appeal!

Heading into 2025, the market remains competitive but approachable. For sellers, realistic pricing and smart updates can make all the difference. For buyers, patience and flexibility are key to securing the perfect home.

If you’re curious about specific neighborhoods, pricing strategies, or just want to talk about Mill Valley life, let’s connect!

Wishing you a very happy holiday season and start to the new year! 🎉

In late November, Bay Area markets began moving into the mid-winter holiday slowdown, which in December typically results in the lowest counts of the year for new listings coming on market and homes going into contract. Homes are still listed and deals continue to be made, just at a much slower pace, and this is usually the period when buyers can negotiate most aggressively on unsold properties with longer days-on-market.

It is difficult to make definitive determinations about where the market is heading in 2025 from Q4 statistics, but in the last several years, demand rebounded substantially early in the new year and then accelerated into spring. And some agents have reported a significant increase in clients wanting to list their homes next year. As always, much depends on political and macroeconomic factors that can be challenging to predict.

This report will look at supply and demand dynamics in November – but note that many of November’s sales statistics reflect listings that went into contract in October – and our January report will review longer-term, annual numbers that will provide greater context to 2024 market conditions and trends.

As of the first week of December, 30-year conforming mortgage interest rates were ticking down again, but still about a half point above early October’s. Stock markets have continued to hit new highs on almost a daily basis; inflation ticked up slightly (11/13/24 reading); the Fed dropped their benchmark rate another quarter percent (11/7/24); the jobs report rebounded (12/6/24); and consumer confidence hit its highest reading in 7 months (12/6/24). These economic indicators may impact different market segments differently depending on whether interest rates or stock values most affect their buyers.

We highly recommend Sharon;

She pays attention to details, her paperwork is flawless (and I am a lawyer so this says a lot), she is an excellent listener & she remembers and retains every last bit of information, her knowledge of the market & strategic advice are exceptional, she is patient, calm & skilled!

We would definitely work with her again.

John & Samantha Bovich

Seller - 265 Oakdale Avenue, Mill Valley

Looking for a primary residence, second home, or investment property outside of Marin? I am connected to some of the best agents in the country and would love to make an introduction!

“TO BE HOPEFUL in bad times is not just foolishly romantic. It is based on the fact that human history is a history not only of cruelty, but also of compassion, sacrifice, courage, kindness.

What we choose to emphasize in this complex history will determine our lives. If we see only the worst, it destroys our capacity to do something. If we remember those times and places—and there are so many—where people have behaved magnificently, this gives us the energy to act, and at least the possibility of sending this spinning top of a world in a different direction.

And if we do act, in however small a way, we don’t have to wait for some grand utopian future. The future is an infinite succession of presents, and to live now as we think human beings should live, in defiance of all that is bad around us, is itself a marvelous victory.”

— Howard Zinn

Friday, December 20, 2024

The Christmas Jug Band

The Christmas Jug Band is a lively, tongue-in-cheek ensemble blending holiday humor with jug band charm. Known for their quirky, feel-good tunes, they bring a playful twist to seasonal classics and original songs, creating a unique holiday tradition.

Friday, December 20, 2024

Maria Muldaur Christmas

The Christmas Jug Band is a lively, tongue-in-cheek ensemble blending holiday humor with jug band charm. Known for their quirky, feel-good tunes, they bring a playful twist to seasonal classics and original songs, creating a unique holiday tradition.

35 BERNARD STREET, MILL VALLEY

5 BD 3.5 BA 2,723 SF $3,995,000

Welcome to 35 Bernard Street, a remodeled 5-bed, 3.5-bath home just 1.5 blocks from downtown Mill Valley. Featuring an open foyer, chef’s kitchen, spacious living room, media room, and a beautifully landscaped yard. Modern upgrades include Tesla solar panels, a metal roof, and an electric car charger. Enjoy a 2-car garage and easy access to top schools, parks, and community events.

52 PARK ROAD, FAIRFAX

6 BD 6 BA 4,284 SF $1,695,000

Just one block from the vibrant downtown Fairfax, 52 Park is a charming 1920s home with over 4,250 sq ft on an 8,000+ sq ft corner lot. Classified as a 2 unit building, with a total of 6 bedrooms, 6 bathrooms and a cottage, blending vintage charm with modern conveniences. This property is perfect for extended family, or an investment opportunity for owner user.

22 VILLAGE CIRCLE, SAN RAFAEL

2 BD 2 BA 732 SF $523,000

Bright, remodeled upper-floor end unit in Meadow Oaks featuring tall ceilings, a walk-out patio, and a modern kitchen with high-end appliances. It offers two bedrooms (one en-suite), two updated bathrooms, new flooring, and an in-unit washer/dryer. Enjoy covered parking and access to a pool, spa, clubhouse, and playground, all conveniently located near hiking trails, China Camp, shopping, and public transit!

348 LARKSPUR PLAZA DRIVE, LARKSPUR

1 BD 1 BA 706 SF $439,000

Buyer Represented!

This affordable, single-level ground-floor unit, just blocks from vibrant downtown Larkspur, features an open-concept living/dining area with built-in shelving, a spacious bedroom with new carpet, fresh paint, and a walk-in closet, plus a large patio perfect for morning coffee or al fresco dining. A tranquil complex in a prime location!

40 DE SILVA ISLAND DRIVE

MILL VALLEY

List Price: $2,495,000

Sold for $2,200,000

Buyer Representation

Achieved 11.82% Under Asking Price

95 ELDRIDGE AVENUE

MILL VALLEY

Sold for $6,200,000

Seller Representation

Achieved 24.12% Over Asking Price

11 ELMA STREET

MILL VALLEY

Sold for $6,000,000

Seller Representation

Achieved 9.19% Over Asking Price

20 CYPRESS HOLLOW

TIBURON

Sold for $3,500,000

Seller Representation

Achieved 13.09% Over Asking Price

21 BAYVIEW

LARKSPUR

Sold for $3,250,000

Buyer Representation

Achieved 1.36% Under Asking Price

520 WOODLAND RD

KENTFIELD

Sold for $3,500,000

Buyer Representation

Achieved 5.40% Under Asking Price

170 BAYVIEW

MILL VALLEY

Sold for $1,075,000

Buyer Representation

Achieved 2.27% Under Asking Price

13630 GIBSON

GLEN ELLEN

Sold for $1,075,000

Buyer Representation

Achieved 6.52% Under Asking Price

1385 GROVE CT

ST HELENA

Sold for $1,900,000

Buyer Representation

Achieved 48.9% Under Asking Price

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I am extremely proud and honored to have been named as one of the verified Real Trends top 1.5% of real estate agents in the Country again.

I am deeply grateful for the trust and support of my amazing clients, colleagues, family and friends. I owe this achievement to you all and thank you for choosing me to represent you in your real estate journey.

Sharon

Kramlich

415.609.4473

sharon.kramlich@compass.com

sharonkramlich.com

DRE 01184449