Ken Dara's Market Report

Corte Madera, CA

Single-Family Homes

Vanguard Properties | 415-425-3626 | ken@vanguardmarin.com



Corte Madera, CA

Fri Sep 25 2020
This week the median list price for Corte Madera, CA is $1,497,000 with the market action index hovering around 70. This is less than last month's market action index of 74. Inventory has held steady at or around 11. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Corte Madera, CA

Fri Sep 25 2020
This week the median list price for Corte Madera, CA is $1,497,000 with the market action index hovering around 70. This is less than last month's market action index of 74. Inventory has held steady at or around 11. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Corte Madera market.
Median List Price $1,497,000
Per Square Foot $758
Days on Market 26
Price Decreased 9%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent $5,900
Most Expensive $27,500,000
Least Expensive $699,000
Market Action 70
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
$15,350,000 10,190 5 - 10 acres 6 10 21 0 1 24
$1,950,000 2,645 0.25 - 0.5 acre 4 3 36 0 0 58
$1,375,000 1,796 8,000 - 10,000 sqft 3 2 55 1 1 18
$1,049,000 1,796 8,000 - 10,000 sqft 3 2 72 2 1 2