Chelsea E. Ialeggio's Report

Mill Valley, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Mill Valley, CA

Wed Oct 23 2019
This week the median list price for Mill Valley, CA is $1,995,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 75. 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.

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

Wed Oct 23 2019
This week the median list price for Mill Valley, CA is $1,995,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 75. 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.

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 $1,995,000
Per Square Foot $833
Days on Market 92
Price Decreased 37%
Price Increased 3%
Relisted 9%
Inventory 75
Median House Rent $5,500
Most Expensive $9,995,000
Least Expensive $745,000
Market Action Index
Slight Seller's Advantage
41

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
$3,845,000 3,952 0.25 - 0.5 acre 5 4 43 1 0 162
$2,595,000 2,962 0.25 - 0.5 acre 4 4 63 2 2 106
$1,765,000 2,306 0.25 - 0.5 acre 4 3 56 2 2 60
$1,450,000 1,918 6,500 - 8,000 sqft 3 2 72 6 3 41