Chelsea E. Ialeggio's Report

Mill Valley, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Mill Valley, CA

Mon Apr 22 2019
This week the median list price for Mill Valley, CA is $1,845,000 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has held steady at or around 51. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Mill Valley, CA

Mon Apr 22 2019
This week the median list price for Mill Valley, CA is $1,845,000 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has held steady at or around 51. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Mill Valley market.
Median List Price $1,845,000
Per Square Foot $817
Days on Market 76
Price Decreased 31%
Price Increased 2%
Relisted 2%
Inventory 51
Median House Rent $6,000
Most Expensive $6,750,000
Least Expensive $879,000
Market Action Index
Slight Seller's Advantage
41

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$3,945,000 4,307 0.5 - 1 acre 5 5 33 2 1 82
$2,495,000 2,612 0.25 - 0.5 acre 4 3 34 3 1 94
$1,550,000 2,001 6,500 - 8,000 sqft 4 3 68 2 0 53
$1,199,000 1,673 4,500 - 6,500 sqft 3 2 61 0 3 75