Keller Williams Coastal Estates' Market Report

Marina, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Marina, CA

Mon Dec 04 2023
This week the median list price for Marina, CA is $1,205,710 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has held steady at or around 13. Click here to stay informed with the Marina market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Marina, CA

Mon Dec 04 2023
This week the median list price for Marina, CA is $1,205,710 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has held steady at or around 13. Click here to stay informed with the Marina market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Marina market.
Median List Price $1,205,710
Median Price of New Listings $0
Per Square Foot $573
Average Days on Market 90
Median Days on Market 35
Price Decreased 31%
Price Increased 15%
Relisted 23%
Inventory 13
Median Rent
Market Action 57
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,573,018 2,757 4,500 - 6,500 sqft 4 3 4 0 1 77
$1,225,000 2,126 4,500 - 6,500 sqft 4 2.5 6 0 0 21
$1,165,000 1,919 4,500 - 6,500 sqft 3 2 0 0 2 21
$874,500 1,486 0 - 4,500 sqft 3 2.3 18 0 0 45