The median home sale price in Mill Valley was $1,063,500 in February 2008, down from $1,255,000 in January, and down from $1,125,000 one year ago in February 2007. The number of homes on the market dropped 20% from one year ago, while the number of Mill Valley homes under contract dropped over 45%.
The number of closed Mill Valley home sales was down almost 68% from one year ago. The average days on the market in Mill Valley was 58 in February.
| Mill Valley Homes |
Feb 2007 | Feb 2008 | ∆ | % ∆ |
| For Sale | 103 | 82 | -21 | -20.39 |
| Under Contract | 22 | 12 | -10 | -45.45 |
| Sold | 25 | 8 | -17 | -68.00 |