Chelsea E. Ialeggio's Report
Greenbrae, CA
Single-Family Homes
ChelseaInMarin@gmail.com | ChelseaInMarin.com
Greenbrae, CA
Mon Apr 22 2019
This week the median list price for Greenbrae, CA is $1,885,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 11.
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
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Real-Time Market Profile
| Median List Price | $1,885,000 | |
| Per Square Foot | $746 | |
| Days on Market | 39 | |
| Price Decreased | 18% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 11 | |
| Median House Rent | $9,500 | |
| Most Expensive | $2,695,000 | |
| Least Expensive | $900,000 | |
| Market Action Index Strong Seller's Market | 45 |
This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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 |
|---|---|---|---|---|---|---|---|---|
| $2,645,000 | 3,060 | 0.25 - 0.5 acre | 5 | 3 | 61 | 0 | 0 | 24 |
| $2,350,000 | 3,108 | 0.25 - 0.5 acre | 4 | 4 | 56 | 1 | 0 | 18 |
| $1,795,000 | 2,403 | 0.25 - 0.5 acre | 3 | 3 | 58 | 0 | 1 | 79 |
| $1,049,000 | 1,572 | 8,000 - 10,000 sqft | 3 | 2 | 59 | 0 | 0 | 30 |