Kentfield Real Estate Market Profile- Sept 21

This market profile is a weekly snapshot of what is happening in Kentfield. 

Kentfield listing inventory has been tightening and the days on market has been increasing.

Kentfield Real Estate Market Update
Median List Price $2,150,000
Asking Price per Square Foot $782
Average Days on Market 127
Percent of Properties with Price Decrease 62%
Percent Relisted 10%
Median House Size (sq ft) 2,933
Median Lot Size 0.25-0.50 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.3
Market Action Index 12  – Cold! Buyer’s Market

 

The Market Action Index answers the question “How’s the Kentfield 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.  The Market Action Index remains flat and clearly shows a very buyer friendly market.


Kentfield Real Estate Market Data effective as of September 21, 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.