Sat Nov 27 2021
This week the median list price for Kentfield, CA is $1,895,000 with the market action index hovering around 61. This is an increase over last month's market action index of 54. Inventory has decreased to 2.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,895,000|
|Median Price of New Listings||$1,895,000|
|Per Square Foot||$1,225|
|Average Days on Market||0|
|Median Days on Market||0|
|Strong Seller's Market|
Despite this week’s down tic, price trends have been moving up in the last few weeks. We are below the market’s high point. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,895,000||1,658||0.25 - 0.5 acre||3||2||85||2||2||0|
|$2,595,000||2,460||0.5 - 1 acre||4||3||68||1||1||0|
|$1,195,000||856||0 - 4,500 sqft||2||1||103||1||1||0|