Is Mill Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mill Valley has remained a Seller's Market.
Housing Prices in Mill Valley, CA
How much do homes in Mill Valley, CA cost?
Median Sold Price
$2,020,000
$997/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mill Valley was $2,020,000 in April 2024, down 1.5% from last year, and the median price per square foot was $997.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $697.5K | $609.5K | -12.6% |
2 Bedrooms | $1.3M | $1.4M | +9.6% |
3 Bedrooms | $1.8M | $1.8M | +2.0% |
4 Bedrooms | $2.7M | $2.9M | +3.9% |
5+ Bedrooms | $4.0M | $3.3M | -17.9% |
Summary: Mill Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 17.9%.
Median Sold Price Compared To Nearby Cities
Larkspur | $1.6M | $1.8M | +10.8% |
Corte Madera | $1.7M | $1.7M | 0% |
Mill Valley | $2.0M | $2.0M | -1.5% |
Southeast Marin | $2.1M | $2.0M | -2.5% |
Housing Supply in Mill Valley, CA
How many homes are available in Mill Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 92 | +35.3% |
Summary: The Mill Valley real estate market had 92 homes for sale in April 2024, a 35.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 22 | 29 | +31.8% |
4 Bedrooms | 16 | 26 | +62.5% |
5+ Bedrooms | 20 | 25 | +25.0% |
Summary: The Mill Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Mill Valley in April 2024, down by 12.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 10% were sold at asking, and 52% were sold over asking.
Days on Market for Mill Valley, CA
We’re sorry, we don't have information for this market at the moment