Mill Valley Real Estate Report

June 5th, 2009 By Ginger Wilcox

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

mill-valley-real-estate-june1

There are currently 174 homes* for sale in Mill Valley, California. There are 33 homes under contract.
(*single family)

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.

« Older Entries
Newer Entries »

  1. Eric Bouler

    Ginger, Informative site. This is off the subject however. I saw your name connected with the rebar meeting on August 4 in San Francisco. I plan on coming as I will be in the Bay area that week. Is there anything I need to bring or just show up. I am leaving on the 6th. Any value in going to the Connect thing for a day. Thanks for your time. Eric

  2. Mariana Wagner

    Ginger – This is a great layout for market data. I love seeing the different home prices from around the nation… (Your lowest price home in the Mill Valley Real Estate market would be borderline luxury in our neck of the woods.) :)

  3. Bill Lublin

    This is how you make a comment on a website

  4. MN Realtor

    I agree with Mariana, it’s a pretty pricey market out there. It seems that your market is performing good. Which begs to ask, is the market stabilizing or is this just a sign that sellers need to lower their price further? Let’s hope for the best

Leave a Reply

Additional comments powered by BackType

  • APR
    Fair Housing

    Be Our Fan On

    Facebook

    Share:

    ShareThis

    © 2010 SF North    |    DRE#: 01399812