It seems accurate to say that the buyers of Marin real estate have the upper hand.

I have been holding the same open house open almost every Sunday for the past 5 months. During this time we have been in contract once and have received a total of 4 offers. On a typical Sunday there have been as few as 4 groups through and as many as 12. This is a cute, family home located in the Strawberry area of Mill Valley.

Two years ago this home for sale would have sold in a matter of days. The seller is reasonable and has participated by agreeing to stage the home and has reduced the price along the way. Most of the buyers who have been through this home have shared a similar perspective of price sensitivity.

There is no telling when this home or any home will sell, however one thing is certain, if you are a seller; the asking price will be your most important decision.

Median Price for Mill Valley as of 2-22-10