Posts Tagged ‘Corte Madera Real Estate’
What is happening in Corte Madera Real Estate?
As we are seeing around Marin, the number of Corte Madera homes going under contract has exceeded the number of homes being listed. The market action index is up, as are home prices. Corte Madera is one of the strongest real estate markets in Marin right now. Here is what has happened in the last seven days:
| 7-day stats for Single Family properties in CORTE MADERA, CA as of August 28, 2009 |
|||
|---|---|---|---|
| Median List Price | $1,077,000 | Average List Price | $1,107,733 |
| Total Inventory | 30 | Price per Square Foot | $567 |
| Average Home Size | 1,788 | Median Lot Size | 6,621 |
| Average # Beds | 3.23 | Average # Baths | 2.35 |
| Homes Absorbed | 7 | Newly Listed | 3 |
| Days on Market | 112 | Average Age | 42 |
This market profile is a snapshot of what is happening in Corte Madera. Home prices are down again this week in Corte Madera while the average days on market continues to to climb and home inventory is tightening. The market action index remains flat. (more…)
This market profile is a weekly snapshot of what is happening in Corte Madera.
This week saw relatively little price change from last week. However, the median price in Corte Madera continues to demonstrate a nice up trend in
general over the last several weeks.
| Corte Madera Real Estate Market Update | |
| Median List Price | $1,107,000 |
| Asking Price per Square Foot | $640 |
| Average Days on Market | 59 |
| Percent of Properties with Price Decrease | 33% |
| Percent Relisted | 3% |
| Median House Size (sq ft) | 1,648 |
| Median Lot Size | 6,501-8000 sq feet |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.0 |
| Market Action Index | 19 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Corte Madera Real Estate Market?” By measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Corte Madera Real Estate Market Data effective as of August 10, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
Corte Madera Home SalesJanuary 1, 2008 – February 19, 2008 |
|
| # Corte Madera Homes Sold since Jan 1 | 4 |
| Lowest Corte Madera Home Sale | $800,000 |
| Highest Corte Madera Home Sale | $900,000 |
| Average Corte Madera Sales Price | $846,250 |
| Median Corte Madera Home Sales Price | $842,500 |
Single Family Residential Homes Only.
Statistics as of February 19, 2007 from BAREIS Marin County MLS®.