What’s happening: Mill Valley home values rose 7.1% to 9.1% year over year in each month of the third quarter, according to Zillow’s home value index for 94941. Mill Valley recorded 26 single-family home sales in the quarter, down from 33 a year earlier, according to the Marin County Assessor. Seven closed in September, down from 11, at a median of $2.6M. Marin County as a whole sold 22.7% more homes than a year ago in the quarter, and was up in each of the three months: 14.5% in July, 23.9% in August and 31.3% in September.
Why it matters: For a Mill Valley homeowner, that 7-9% gain works out to…
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