Chelsea E. Ialeggio's Report

Greenbrae, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com


Greenbrae, CA

Thu Feb 21 2019
This week the median list price for Greenbrae, CA is $1,572,500 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has held steady at or around 6. Click here to stay informed with the Greenbrae market!

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

Strong Seller's Market

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Greenbrae, CA

Thu Feb 21 2019
This week the median list price for Greenbrae, CA is $1,572,500 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has held steady at or around 6. Click here to stay informed with the Greenbrae market!

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

Strong Seller's Market

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Greenbrae market.
Median List Price $1,572,500
Per Square Foot $698
Days on Market 19
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median House Rent $8,500
Most Expensive $2,695,000
Least Expensive $900,000
Market Action Index
Strong Seller's Market 		45

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$2,695,000 3,694 0.25 - 0.5 acre 6 3 48 1 0 0
$1,885,000 2,136 0.25 - 0.5 acre 3 4 58 0 0 14
$1,572,500 2,255 0.25 - 0.5 acre 3 2 64 1 0 45
$1,139,500 1,817 0.25 - 0.5 acre 3 2 72 1 0 7