The Heinrich Team

Marina, CA 93933

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel


Marina, CA 93933

Fri Jul 26 2024
This week the median list price for Marina, CA 93933 is $1,075,000 with the market action index hovering around 44. This is an increase over last month's market action index of 38. Inventory has decreased to 27. Click here to stay informed with the Marina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Marina, CA 93933

Fri Jul 26 2024
This week the median list price for Marina, CA 93933 is $1,075,000 with the market action index hovering around 44. This is an increase over last month's market action index of 38. Inventory has decreased to 27. Click here to stay informed with the Marina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Marina market.
Median List Price $1,075,000
Median Price of New Listings $999,970
Per Square Foot $571
Average Days on Market 78
Median Days on Market 49
Price Decreased 33%
Price Increased 0%
Relisted 7%
Inventory 27
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,532,150 2,863 4,500 - 6,500 sqft 4 3.5 2 0 1 143
$1,230,000 2,430 4,500 - 6,500 sqft 4 2.5 7 0 3 105
$998,000 1,574 6,500 - 8,000 sqft 3 2 39 2 1 14
$865,000 1,509 0 - 4,500 sqft 3 2 41 1 3 28