Garrett Burdick's Market Research
Kentfield, CA
Single-Family Homes
Coldwell Banker Realty | 415-602-2282 | garrett.burdick@cbrealty.com
Kentfield, CA
Wed May 08 2024
This week the median list price for Kentfield, CA is $4,395,000 with the market action index hovering around 40. This is less than last month's market action index of 45. Inventory has increased to 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $4,395,000 | |
| Median Price of New Listings | $3,395,000 | |
| Per Square Foot | $1,270 | |
| Average Days on Market | 34 | |
| Median Days on Market | 7 | |
| Price Decreased | 13% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 40 | |
| Slight Seller's Advantage | ||
Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| $11,500,000 | 5,777 | 1 - 2.5 acres | 5 | 5.8 | 73 | 0 | 0 | 38 |
| $5,995,000 | 5,105 | 0.5 - 1 acre | 6 | 6 | 61 | 1 | 1 | 14 |
| $3,447,500 | 3,673 | 0.5 - 1 acre | 4 | 2.8 | 65 | 3 | 1 | 0 |
| $1,515,000 | 1,887 | 8,000 - 10,000 sqft | 3 | 2.5 | 76 | 1 | 2 | 3 |