Garrett W. Burdick

Mill Valley, CA

Single-Family Homes

Vanguard Properties


Mill Valley, CA

Tue Jun 18 2019
This week the median list price for Mill Valley, CA is $1,895,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 93. Click here to stay informed with the Mill Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Mill Valley, CA

Tue Jun 18 2019
This week the median list price for Mill Valley, CA is $1,895,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 93. Click here to stay informed with the Mill Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Mill Valley market.
Median List Price $1,895,000
Per Square Foot $831
Days on Market 67
Price Decreased 35%
Price Increased 2%
Relisted 0%
Inventory 93
Median House Rent $5,000
Most Expensive $6,750,000
Least Expensive $835,000
Market Action Index
Slight Seller's Advantage 		39

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
$3,695,000 3,969 0.5 - 1 acre 5 4 38 2 2 93
$2,150,000 2,596 0.25 - 0.5 acre 4 3 53 1 1 75
$1,610,000 1,940 8,000 - 10,000 sqft 3 3 59 1 2 43
$1,224,000 1,538 4,500 - 6,500 sqft 3 2 59 4 2 58