Garrett W. Burdick
Tiburon, CA
Single-Family Homes
Vanguard Properties
Tiburon, CA
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
| Today |
| Last Month |
Slight Buyer's Advantage
The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $3,875,000 | |
| Per Square Foot | $1,015 | |
| Days on Market | 150 | |
| Price Decreased | 43% | |
| Price Increased | 2% | |
| Relisted | 4% | |
| Inventory | 51 | |
| Median House Rent | ||
| Most Expensive | $12,950,000 | |
| Least Expensive | $1,190,000 | |
| Market Action Index Slight Buyer's Advantage | 26 |
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.
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 |
|---|---|---|---|---|---|---|---|---|
| $6,722,500 | 5,890 | 0.5 - 1 acre | 5 | 6 | 27 | 1 | 1 | 233 |
| $4,668,000 | 4,620 | 0.25 - 0.5 acre | 5 | 5 | 27 | 0 | 1 | 128 |
| $3,250,000 | 3,405 | 0.25 - 0.5 acre | 4 | 4 | 37 | 0 | 1 | 187 |
| $2,195,000 | 2,393 | 8,000 - 10,000 sqft | 3 | 3 | 60 | 0 | 1 | 58 |