Is Corte Madera, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corte Madera is a seller's market

Buyer's
Market

Difference Since November 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

$1,767,500

$954/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$157,500(+9.8%)

Key Takeaway

Homes in Corte Madera have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Corte Madera was $1,767,500 in November 2024, up 9.8% from last year, and the median price per square foot was $954.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $750K-
N/A
2 $899K$1.1M
+23.7%
3 $1.6M$1.7M
+7.9%
4 $1.7M$2.0M
+19.5%
5+ $2.5M$2.0M
-22.4%

Summary: Corte Madera housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 22.4%.

Median Sold Price Compared To Nearby Cities

Larkspur
+22.7%
Corte Madera
+9.8%
Mill Valley
+4.7%
Tiburon
+4.1%
Southeast Marin
+3.0%

Housing Supply in Corte Madera, CA

How many homes are available in Corte Madera, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2820-28.6%

Summary: The Corte Madera real estate market had 20 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 115
-54.5%
4 1010
0.0%
5+ 41
-75.0%

Summary: The Corte Madera housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 54.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corte Madera, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Corte Madera in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for Corte Madera, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Corte Madera, CA

Nearby Markets to Corte Madera, CA

What housing markets are near Corte Madera, CA?