Mill Valley Real Estate – Mid-year 2025
Mill Valley Summary
Mill Valley’s real estate market posted a robust performance in the first half of 2025, with strong sales activity, rising prices, and increasingly competitive buyer behavior.
A total of 151 homes sold in the first half of 2025, a jump from 126 during the same period last year. The average sale price climbed to $2,718,000, up from $2.4 million in the second half of 2024, as a record number of homes sold priced between $2 million and $3 million. The average price per square foot also rose to $1,124, compared to $1,079 previously, indicating strengthening value across the market.
Buyer competition intensified: 57% of homes sold over asking, up from 39%, and the average premium paid over list price increased to 11%, from 10% in late 2024. Multiple offers were reported in 47% of transactions, holding steady from the previous period, showing sustained pressure on desirable listings.
A key indicator of market momentum—65% of homes went into escrow within 15 days, a significant leap from 47% in the previous half. This reflects a more urgent and decisive buyer pool, willing to act quickly on desirable properties.
With a healthy increase in both volume and pricing, and buyer demand showing no signs of slowing, Mill Valley remains one of Marin County’s most dynamic and desirable markets.
If you’re interested in maximizing the value of your home and determining an optimal pricing strategy, I invite you to contact me. I can guide you in preparing your home for sale and ensure a hassle-free selling experience right up to the completion of your move.