This market profile is a weekly snapshot of what is happening in Mill Valley. Home prices in Mill Valley have been moving up in recent weeks, but with recent market changes, I would expect a downward trend.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,349,000 |
| Asking Price per Square Foot | $646 |
| Average Days on Market | 97 |
| Percent of Properties with Price Decrease | 45% |
| Percent Relisted | 6% |
| Median House Size (sq ft) | 2,150 |
| 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 September 21, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.