Chelsea E. Ialeggio's Report

Corte Madera, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Corte Madera, CA

Wed Oct 23 2019
This week the median list price for Corte Madera, CA is $1,400,000 with the market action index hovering around 61. This is less than last month's market action index of 63. Inventory has held steady at or around 8. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Corte Madera, CA

Wed Oct 23 2019
This week the median list price for Corte Madera, CA is $1,400,000 with the market action index hovering around 61. This is less than last month's market action index of 63. Inventory has held steady at or around 8. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Corte Madera market.
Median List Price $1,400,000
Per Square Foot $883
Days on Market 39
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 8
Median House Rent $6,000
Most Expensive $2,547,000
Least Expensive $1,169,000
Market Action Index
Strong Seller's Market
61

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
$2,371,000 3,133 1 - 2.5 acres 4 3 59 0 0 84
$1,650,000 2,148 8,000 - 10,000 sqft 3 3 33 1 0 35
$1,322,500 1,525 6,500 - 8,000 sqft 3 2 60 0 0 28
$1,182,000 1,140 4,500 - 6,500 sqft 2 1 84 1 0 7