Chelsea E. Ialeggio's Report
Greenbrae, CA
Single-Family Homes
ChelseaInMarin@gmail.com | ChelseaInMarin.com
Greenbrae, CA
Wed Oct 23 2019
This week the median list price for Greenbrae, CA is $1,645,000 with the market action index hovering around 58. This is less than last month's market action index of 61. Inventory has held steady at or around 6.
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
| Median List Price | $1,645,000 | |
| Per Square Foot | $801 | |
| Days on Market | 27 | |
| Price Decreased | 17% | |
| Price Increased | 17% | |
| Relisted | 0% | |
| Inventory | 6 | |
| Median House Rent | ||
| Most Expensive | $2,999,500 | |
| Least Expensive | $1,295,000 | |
| Market Action Index Strong Seller's Market | 58 |
Despite this week’s down 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 |
|---|---|---|---|---|---|---|---|---|
| $2,999,500 | 3,048 | 0.25 - 0.5 acre | 4 | 4 | 71 | 0 | 0 | 77 |
| $2,690,000 | 3,355 | 0.5 - 1 acre | 5 | 3 | 23 | 0 | 0 | 14 |
| $1,645,000 | 2,271 | 0.25 - 0.5 acre | 4 | 3 | 57 | 0 | 0 | 21 |
| $1,395,000 | 2,153 | 0.5 - 1 acre | 3 | 2 | 59 | 1 | 0 | 14 |