Mill Valley has four market segments: the entry level, middle market, higher end and the ultra high end; ultra high end buyers in MV are almost non-existent now. The entry level of the market ($1.25m and below), like most areas in Marin, is brisk. Well priced homes are selling quickly. Both the middle market ($1.25-$1.85) and the high end ($1.85m+) are similar: very slow! There are 40 or so home on the market in both segments, and approx. 7% in contract in each segment. SLOW! Thereâ€™ve been 37 sales year to date in the middle market and 30 in the high end. All else being equal the middle market is having the worst relative year in Mill Valley. The graph below and sales on the facing page tell the story.Â
Average Mill Valley selling $/sqft is $550 and $661 for the top half of the market.
Please reference our main website www.thedupontgroup.net or call Dave 415-867-6611 for more information.