Chelsea E. Ialeggio's Report

Kentfield, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Kentfield, CA

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

Slight Seller's Advantage

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.

Kentfield, CA

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

Slight Seller's Advantage

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 Kentfield market.
Median List Price $3,145,000
Per Square Foot $970
Days on Market 67
Price Decreased 14%
Price Increased 0%
Relisted 7%
Inventory 14
Median House Rent
Most Expensive $9,995,000
Least Expensive $1,425,000
Market Action Index
Slight Seller's Advantage
38

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
$9,995,000 6,356 1 - 2.5 acres 6 7 57 1 0 168
$3,995,000 4,250 1 - 2.5 acres 5 5 68 1 0 11
$2,945,000 3,571 0.5 - 1 acre 4 3 61 1 0 28
$1,995,000 2,187 6,500 - 8,000 sqft 3 3 67 2 1 73