Beat Bossart's Market Report

Corte Madera, CA

Single-Family Homes

Vanguard Properties | 415-279-4334 | beat@vanguardmarin.com



Corte Madera, CA

Tue Sep 27 2022
This week the median list price for Corte Madera, CA is $1,839,000 with the market action index hovering around 58. This is less than last month's market action index of 73. Inventory has increased to 10. Click here to stay informed with the Corte Madera market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Corte Madera, CA

Tue Sep 27 2022
This week the median list price for Corte Madera, CA is $1,839,000 with the market action index hovering around 58. This is less than last month's market action index of 73. Inventory has increased to 10. Click here to stay informed with the Corte Madera market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Corte Madera market.
Median List Price $1,839,000
Median Price of New Listings $1,795,000
Per Square Foot $1,043
Average Days on Market 37
Median Days on Market 35
Price Decreased 40%
Price Increased 20%
Relisted 0%
Inventory 10
Median Rent
Market Action 58
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,697,000 1,926 0.25 - 0.5 acre 3 3.5 69 0 0 70
$2,195,000 1,849 0.25 - 0.5 acre 3 2 57 1 0 10
$1,790,000 1,800 6,500 - 8,000 sqft 3 2 58 0 0 42
$1,495,000 1,544 6,500 - 8,000 sqft 3 2 60 1 0 14