Garrett Burdick

Mill Valley, CA

Single-Family Homes

Premier Properties Marin



Mill Valley, CA

Thu Jan 17 2019
This week the median list price for Mill Valley, CA is $1,410,000 with the market action index hovering around 45. This is an increase over last month's market action index of 40. Inventory has held steady at or around 28. 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

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

Thu Jan 17 2019
This week the median list price for Mill Valley, CA is $1,410,000 with the market action index hovering around 45. This is an increase over last month's market action index of 40. Inventory has held steady at or around 28. 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

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 $1,410,000
Per Square Foot $786
Days on Market 130
Price Decreased 29%
Price Increased 7%
Relisted 11%
Inventory 28
Median House Rent $4,888
Most Expensive $6,750,000
Least Expensive $765,000
Market Action Index
Strong Seller's Market
45

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
$3,625,000 4,398 0.5 - 1 acre 4 4 36 0 0 207
$1,799,000 2,672 0.25 - 0.5 acre 4 4 56 0 3 111
$1,300,000 1,536 6,500 - 8,000 sqft 3 2 79 2 2 129
$985,000 1,302 4,500 - 6,500 sqft 3 2 66 1 0 74