Ken Dara's Market Report

Mill Valley, CA

Single-Family Homes

Vanguard Properties | 415-425-3626 | ken@vanguardmarin.com



Mill Valley, CA

Tue Jan 21 2020
This week the median list price for Mill Valley, CA is $1,600,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has held steady at or around 25. Click here to stay informed with the Mill Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Mill Valley, CA

Tue Jan 21 2020
This week the median list price for Mill Valley, CA is $1,600,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has held steady at or around 25. Click here to stay informed with the Mill Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Mill Valley market.
Median List Price $1,600,000
Per Square Foot $833
Days on Market 149
Price Decreased 36%
Price Increased 4%
Relisted 0%
Inventory 25
Median Rent $4,700
Most Expensive $6,750,000
Least Expensive $799,000
Market Action 49
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,635,000 5,126 0.5 - 1 acre 5 5 24 1 0 316
$2,047,000 2,290 0.25 - 0.5 acre 4 3 60 0 3 96
$1,385,000 1,727 0.25 - 0.5 acre 3 3 70 2 1 112
$1,195,000 1,700 8,000 - 10,000 sqft 3 2 61 2 0 81