This market profile is a snapshot of what is happening in Mill Valley. Home prices remain flat this week. The number of Mill Valley homes for sale has trended up while the days on the market has trended down. The Mill Valley market action index remains flat and seems to have plateaued at this point.
Mill Valley Real Estate Market Update
|
There are currently 174 homes* for sale in Mill Valley, California. There are 33 homes under contract. |
|
| Median List Price | $1,295,000 |
| Highest Priced Home in Mill Valley (single family) | $6,500,000 200 Sarah Drive, Mill Valley |
| Lowest Priced Home in Kentfield (single family) | $474,900 278 Morningsun Avenue, Mill Valley |
| Asking Price per Square Foot | $616 |
| Average Days on Market | 130 |
| Percent of Properties with Price Decrease | 46% |
| Percent Relisted | 3% |
| Median House Size (sq ft) | 2,352 |
| Median Lot Size | 8,001-10,000 sq. feet |
| Median Number of Bedrooms | 3.3 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 13- 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 June 1, 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.