Kentfield Real Estate Update- November 17

This market profile is a snapshot of what is happening in Kentfield.  Kentfield home prices are flat from last week but have been on a nice up trend in recent weeks.  The listing inventory and days-on-market continues to increase.  The Market Action Index has been essentially flat.

 

Kentfield Real Estate Market Update
Median List Price $2,659,000
Asking Price per Square Foot $771
Average Days on Market 142
Percent of Properties with Price Decrease 39%
Percent Relisted 0%
Median House Size (sq ft) 3,018
Median Lot Size 0.25-0.50 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.1
Market Action Index 9 – 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.


Kentfield Real Estate Market Data effective as of November 17, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.