Chelsea E. Ialeggio's Report

Corte Madera, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Corte Madera, CA

Fri Dec 14 2018
This week the median list price for Corte Madera, CA is $1,532,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 6. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Fri Dec 14 2018
This week the median list price for Corte Madera, CA is $1,532,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 6. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,532,000
Per Square Foot $734
Days on Market 45
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 6
Median House Rent $6,500
Most Expensive $3,995,000
Least Expensive $985,000
Market Action Index
Strong Seller's Market
48

Despite this week’s up 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
$3,995,000 4,020 0.25 - 0.5 acre 4 4 0 0 0 28
$1,859,000 2,623 6,500 - 8,000 sqft 4 3 21 0 1 49
$1,532,000 1,860 0.25 - 0.5 acre 3 2 56 1 1 70
$990,000 1,381 4,500 - 6,500 sqft 2 1 91 1 1 28