Ken Dara's Market Report

Mill Valley, CA

Single-Family Homes

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



Mill Valley, CA

Fri Feb 28 2020
This week the median list price for Mill Valley, CA is $1,722,000 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 28. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mill Valley, CA

Fri Feb 28 2020
This week the median list price for Mill Valley, CA is $1,722,000 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 28. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mill Valley market.
Median List Price $1,722,000
Per Square Foot $705
Days on Market 122
Price Decreased 18%
Price Increased 4%
Relisted 4%
Inventory 28
Median Rent $4,650
Most Expensive $6,950,000
Least Expensive $995,000
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. 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
$3,750,000 3,230 0.25 - 0.5 acre 5 5 30 0 0 182
$2,450,000 3,474 0.25 - 0.5 acre 6 4 58 0 3 175
$1,536,650 1,880 0.25 - 0.5 acre 3 3 71 0 1 51
$1,095,000 1,737 6,500 - 8,000 sqft 3 2 66 1 3 79