This market profile is a snapshot of what is happening in Mill Valley. Mill Valley home prices have continued to trend down in recent weeks. While the listing inventory in Mill Valley has been decreasing, days-on-market has been increasing. The Market Action Index has been basically flat, not providing a strong indication of the direction of the Mill Valley real estate market. Despite these numbers, Mill Valley continues to be one of the stronger real estate markets in Marin County.
Mill Valley Real Estate Market Update
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There are currently 84 homes for sale in Mill Valley, California. There are 16 Mill Valley homes under contract. |
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| Median List Price | $1,199,000 |
| Highest Priced Mill Valley Home (single family) |
$5,700,000 321 Summit, Mill Valley |
| Lowest Priced Mill Valley Home (single family) |
$770,000 290 Morning Sun Ave, Mill Valley |
| Asking Price per Square Foot | $657 |
| Average Days on Market | 108 |
| Percent of Properties with Price Decrease | 43% |
| Percent Relisted | 9% |
| Median House Size (sq ft) | 2,160 |
| Median Lot Size | 8,001-10,000 Sq. Feet |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.3 |
| Market Action Index | 17 – 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.
Mill Valley Real Estate Market Data effective as of February 15, 2009. Data provided by AltosResearch and Bay Area Real Estate Information Services, Inc. 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.