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 October's Market Update. Lets take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 23% from one year earlier, and up 54% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. 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 15%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 1.6-million dollars. The number of units sold increased 19% year-over-year, and decreased 3% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
Show Transcript
Map Information for Mill Valley, CA
Area Information for Mill Valley, CA
  • Population: 14,374
  • Median Age: 49.03 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,017/sq mi
  • Population Change Since 2000: 5.27%
  • Closest Airport: San Francisco International
  • Closest College: Golden Gate Baptist Theological Seminary
  • Closest Jr. College: College Of Marin
  • Median Household Income: $133,991
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $1,350,000
  • Closest Major Sports Team: San Francisco Giants
  • Change Avg. Household Income Since 2000: 50.56%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Mill Valley, CA
Median Age: 49.03 Married: 47% Number of Households: 6,313 Households with Children: 2,008
Community:
    • 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 SchoolDigger.com. School Review data by Niche.com.
      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.