Posts Tagged ‘Mill Valley Real Estate’
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. (more…)
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.
This market profile is a weekly snapshot of what is happening in Mill Valley.
This week saw a downward notch for prices. Pricing has been weak in recent weeks.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,295,000 |
| Asking Price per Square Foot | $652 |
| Average Days on Market | 95 |
| Percent of Properties with Price Decrease | 49% |
| Percent Relisted | 3% |
| Median House Size (sq ft) | 2,139 |
| Median Lot Size | 0.25-0.50 acre |
| 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.
Mill Valley Real Estate Market Data effective as of August 10, 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.
The median home sale price in Mill Valley was $1,063,500 in February 2008, down from $1,255,000 in January, and down from $1,125,000 one year ago in February 2007. The number of homes on the market dropped 20% from one year ago, while the number of Mill Valley homes under contract dropped over 45%.
The number of closed Mill Valley home sales was down almost 68% from one year ago. The average days on the market in Mill Valley was 58 in February.
| Mill Valley Homes |
Feb 2007 | Feb 2008 | ∆ | % ∆ |
| For Sale | 103 | 82 | -21 | -20.39 |
| Under Contract | 22 | 12 | -10 | -45.45 |
| Sold | 25 | 8 | -17 | -68.00 |
Mill Valley Home SalesJanuary 1, 2008 – February 19, 2008 |
|
| # of Mill Valley Homes Sold since Jan 1 | 15 |
| Lowest Mill Valley Home Sale | $575,000 |
| Highest Mill Valley Home Sale | $3,300,000 |
| Average Mill Valley Home Sales Price | $1,467,810 |
| Median Mill Valley Home Sales Price | $1,255,000 |
Single Family Residential Homes Only.
Statistics as of February 19, 2007 from BAREIS Marin County MLS®.