$8,894 Closing Credit*
$749,000
728 SqFt
2 Beds
•1 Full Bath
Karen Fairty, Eaven Marcum Eaven Marcum, Listing Office: Compass
Is Corte Madera, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Corte Madera has remained a Seller's Market.
Key Takeaway
Corte Madera is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Corte Madera, CA
How much do homes in Corte Madera, CA cost?
Median Sold Price
$1,770,000
$944/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$160,000(+9.9%)
Key Takeaway
Homes in Corte Madera have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Corte Madera was $1,770,000 in October 2024, up 9.9% from last year, and the median price per square foot was $944.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | - | N/A |
| 2 Bedrooms | $887K | $1.2M | +40.1% |
| 3 Bedrooms | $1.6M | $1.6M | +0.7% |
| 4 Bedrooms | $1.6M | $2.0M | +19.8% |
| 5+ Bedrooms | $2.7M | $2.0M | -25.9% |
Summary: Corte Madera housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Cities
| Corte Madera | $1.6M | $1.7M | +9.9% |
| Larkspur | $1.8M | $1.8M | +3.8% |
| Mill Valley | $2.0M | $2.0M | +2.8% |
| Southeast Marin | $2.1M | $2.1M | 0% |
| Tiburon | $2.8M | $2.5M | -9.4% |
Housing Supply in Corte Madera, CA
How many homes are available in Corte Madera, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Summary: The Corte Madera real estate market had 29 homes for sale in October 2024, a 12.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 17 | 12 | -29.4% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Corte Madera housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Corte Madera, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Corte Madera in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Corte Madera, CA
How long does it take to sell a home in Corte Madera, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 29 Days | +123.1% |
Summary: Homes in Corte Madera had an average of 29 days on market in Oct 2024, up by 123.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Corte Madera are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Corte Madera; 10% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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