Corte Madera Real Estate Market Profile

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 AltosResearchAre 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.