Real Estate Market Update for Mill Valley, CA

Video: Real Estate Community Tour for Mill Valley, CA

See Real estate community tour for Mill Valley, CA
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was stable from one year earlier, and down 32% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just over 1.6-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 25%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 1.2-million dollars. The number of units sold decreased 16% year-over-year, and decreased 34% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Mill Valley, CA
Area Information for Mill Valley, CA
  • Population: 14,405
  • Median Age: 48.59 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,024/sq mi
  • Population Change Since 2000: 5.49%
  • Closest Airport: San Francisco International
  • Closest College: Golden Gate Baptist Theological Seminary
  • Closest Jr. College: College Of Marin
  • Median Household Income: $121,618
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $1,350,000
  • Closest Major Sports Team: San Francisco Giants
  • Change Avg. Household Income Since 2000: 33.64%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mill Valley, CA
Median Age: 48.59 Married: 48% Number of Households: 6,329 Households with Children: 1,904
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Mill Valley, CA

      School Name Distance Type Grades School Rating Parent Rating
      Marin Horizon School 0.3 mi Private PRESCHOOL-8 0 0
      Old Mill Elementary School 0.8 mi Public K-5 5 0
      Greenwood School 0.9 mi Private PRESCHOOL-8 0 0
      Park Elementary School 0.9 mi Public K-5 5 0
      Mount Tamalpais School 1.0 mi Private K-8 0 4
      Mill Valley Middle School 1.1 mi Public 6-8 5 0
      Tamalpais High School 1.2 mi Public 9-12 4 4
      Edna Maguire Elementary School 1.6 mi Public PRESCHOOL-5 5 0
      Ring Mountain Day School 1.7 mi Private K-8 0 0
      Tamalpais Valley Elementary School 1.8 mi Public K-5 5 0
      Real School Llc 1.8 mi Private 6-8 0 0
      Strawberry Point Elementary School 2.4 mi Public K-5 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Mill Valley, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.