Mill Valley Real Estate Market Profile- October 20

This market profile is a snapshot of what is happening in Mill Valley. The number of listings  has been tightening and days-on-market increasing
recently.

MillValleyMedianPrice101908

Mill Valley Real Estate Market Update
Median List Price $1,358,000
Asking Price per Square Foot $656
Average Days on Market 90
Percent of Properties with Price Decrease 52%
Percent Relisted 3%
Median House Size (sq ft) 2,192
Median Lot Size 8,001-10,000 Sq.
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.5
Market Action Index 16 – Cold! Buyer’s Market

The Market Action Index answers the question “How’s the Mill Valley Real Estate Market?” By measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.  The Market Action Index has remained flat in recent weeks.


Mill Valley Real Estate Market Data effective as of October 19, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.