Mill Valley Housing Market Report – June 2026
Here's a look at how the Mill Valley, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 49
- Median Sale Price: $2,440,000
- Average Sale Price: $2,532,202
- Average Price Per Sq Ft: $1,303
- Average Days on Market: 39
- Sale-to-List Price Ratio: 105.0%
Month-Over-Month Trends
Compared to May, the median sale price in Mill Valley moved 15.0% down (from $2,870,000 to $2,440,000). The number of homes sold was 16.7% up compared to the prior month (42 vs. 49). Average days on market shifted 18.2% up (33 days to 39 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 47.9% up (from $1,650,000 to $2,440,000). Sales volume is 36.1% up year-over-year.
What This Means
Mill Valley's June market shows a tale of two trends: strong year-over-year growth tempered by seasonal softening. The 47.9% surge in median prices over the past year reflects the region's enduring appeal and broader Bay Area strength, but this month's 15% dip from May suggests we're hitting normal summer seasonality. As inventory typically builds in spring and lingers into early summer, buyers have more options—which means less urgency and slightly longer selling timelines. The 39-day average is still respectable for a luxury market, but the uptick from May's 33 days signals that homes aren't flying off the shelf quite as fast.
What's genuinely telling is the sale-to-list ratio holding at 105%. Homes are still commanding premiums above asking, which means even in a slightly cooler moment, Mill Valley remains a seller's market. The median price of $2.44 million compared to $1.8 million in active listings suggests inventory skews toward higher-priced homes, attracting qualified buyers despite rate pressures. If you're selling, conditions remain favorable. If you're buying, patience might reward you with slightly more negotiating room, though competition for well-priced homes won't disappear anytime soon.
Mill Valley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94941 | 49 | $2,440,000 | $1,303 | 39 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 41 | $2,550,000 | $1,376 |
| CONDOS | 7 | $1,299,000 | $945 |
| MULTI_FAMILY | 1 | $3,990,000 | $799 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $750K+ | 48 |
Current Active Listings
As of this report, there are 63 active listings in Mill Valley with a median asking price of $1,799,000 and an average of 89 days on market.
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