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.