Chelsea E. Ialeggio's Report

Corte Madera, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Corte Madera, CA

Mon Jun 17 2019
This week the median list price for Corte Madera, CA is $1,545,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has held steady at or around 26. Click here to stay informed with the Corte Madera market!

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Corte Madera, CA

Mon Jun 17 2019
This week the median list price for Corte Madera, CA is $1,545,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has held steady at or around 26. Click here to stay informed with the Corte Madera market!

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Corte Madera market.
Median List Price $1,545,000
Per Square Foot $764
Days on Market 26
Price Decreased 27%
Price Increased 4%
Relisted 8%
Inventory 26
Median House Rent $4,038
Most Expensive $3,550,000
Least Expensive $899,000
Market Action Index
Strong Seller's Market
49

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
$2,422,500 2,848 1 - 2.5 acres 4 3 59 0 2 46
$1,760,000 2,351 8,000 - 10,000 sqft 3 2 61 2 0 28
$1,395,000 1,884 4,500 - 6,500 sqft 3 2 60 0 3 27
$1,195,000 1,326 6,500 - 8,000 sqft 3 2 61 3 0 9