Christine Christiansen's Market Report
Sausalito, CA
Single-Family Homes
Engel & Voelkers | www.christinechristiansen.com | christine.christiansen@evrealestate.com
Sausalito, CA
Wed Apr 24 2024
This week the median list price for Sausalito, CA is $3,195,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has increased to 11.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $3,195,000 | |
| Median Price of New Listings | $2,445,000 | |
| Per Square Foot | $1,287 | |
| Average Days on Market | 40 | |
| Median Days on Market | 35 | |
| Price Decreased | 18% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 11 | |
| Median Rent | ||
| Market Action | 42 | |
| Slight Seller's Advantage | ||
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 |
|---|---|---|---|---|---|---|---|---|
| $14,000,000 | 7,028 | 0.5 - 1 acre | 5 | 5 | 33 | 0 | 0 | 31 |
| $3,295,000 | 3,595 | 0.25 - 0.5 acre | 4 | 3.5 | 71 | 0 | 1 | 42 |
| $2,285,000 | 1,900 | 0 - 4,500 sqft | 3 | 3 | 51 | 1 | 1 | 35 |
| $1,650,000 | 1,024 | 4,500 - 6,500 sqft | 2 | 2 | 63 | 1 | 0 | 7 |