Chelsea E. Ialeggio's Report

Corte Madera, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Corte Madera, CA

Fri Jul 10 2020
This week the median list price for Corte Madera, CA is $1,950,000 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has held steady at or around 9. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Corte Madera, CA

Fri Jul 10 2020
This week the median list price for Corte Madera, CA is $1,950,000 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has held steady at or around 9. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Corte Madera market.
Median List Price $1,950,000
Per Square Foot $863
Days on Market 19
Price Decreased 22%
Price Increased 11%
Relisted 0%
Inventory 9
Median Rent $7,000
Most Expensive $2,595,000
Least Expensive $1,350,000
Market Action 54
Strong Seller's Market

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
$2,495,000 3,045 0.25 - 0.5 acre 4 3 63 1 0 24
$2,145,000 2,541 0.25 - 0.5 acre 4 3 59 1 0 17
$1,812,500 1,649 4,500 - 6,500 sqft 3 2 64 0 1 17
$1,395,000 1,615 0.25 - 0.5 acre 3 2 61 2 1 18