The five charts in the article below provide you with a visual representation of the Mill Valley housing market over the last year. The data used in these charts comes straight from the local multiple listing service, so it is accurate and unbiased. These charts are updated every month, so be sure to check back occasionally.
*Bookmark this page if you want to keep up with the trends in the Mill Valley housing market.*
Hopefully, these charts will give you a better understanding of your local or potential market. Although they encompass the entire city, the data is still highly relevant to any property in the market.
Mill Valley Homes Home Listings vs. Sold Homes
The following chart gives you a good idea of the market pulse in Mill Valley. The dark green bars represent the number of homes that sold during the month. The lighter green bars represent the number of listings at the time the data was recorded. The red line along the top depicts the number of listings that went pending during the month. The numbers at the bottom of each bar in the bar chart show the number of new home listings for each month.
Average Price Per Square Foot of Sold Mill Valley Homes
This chart is fairly straightforward. It shows the average price per square foot of homes that sold during the month in question. The average price per square foot is calculated by dividing the sale price of the home by the total square footage of the home. The total square footage should not include the garage, ADU, or other outbuildings.
Average Days on Market and Sale Price to List Price Ratio of Mill Valley Homes
This chart depicts two distinct data points. The green line at the top shows the ratio between the list price and the eventual sale price of homes that sold during the month. This is expressed as a percentage in this chart. The orange bars at the bottom display the average number of days the properties were listed on the market. This metric is calculated by subtracting the contract (Pending date) from the listing date.
Mill Valley Average Listing Price vs. Average Sold Price
This chart features two very important metrics. The red line shows the average sold price of homes in Mill Valley. The green line shows the average listing prices for homes in Mill Valley. The average sold price is calculated by dividing the total price of all sales by the total number of sales. The average list price is calculated by taking dividing the total price of all listings during the month by the total number of listings.
Monthly Inventory in Mill Valley
This chart shows the number of available homes (Inventory) at the time the data was recorded. This number is calculated by dividing the total number of listings by the total number of sold properties during the month.