Corte Madera, CA Real Estate & Homes for Sale

In October 2024, Corte Madera's housing market saw a significant boost, with home prices increasing by 7.3% compared to the previous year, reaching a median price of $1.8 million. This rise highlights the town's growing appeal and strong buyer interest. However, the pace of sales has slowed, with homes taking an average of 41 days to sell compared to just 16 days in October 2023. Despite this extended time on the market, the number of homes sold remained steady, with 11 properties sold in both years. This combination of rising prices and steady sales indicates that while the market may be slightly less frenzied, demand for Corte Madera homes remains robust, driven by its desirable location and community features.

Corte Madera remains a highly competitive real estate market, where homes typically sell in just 39 days. Many properties attract multiple offers, with some buyers waiving contingencies to secure their purchase. On average, homes sell for about 1% below the list price and go under contract within approximately 39 days. However, "hot homes"—those in particularly high demand—can sell for around 1% above the asking price and often go pending in as little as 17 days. This fast-paced environment underscores the importance of being well-prepared and decisive when navigating Corte Madera’s housing market.

Corte Madera, CA, continues to be a seller's market as of November 2024, reflecting a strong demand for homes that exceeds the available inventory. This market dynamic often leads to heightened competition among buyers, with properties selling quickly and often at favorable terms for sellers. For those looking to buy in this desirable area, being well-prepared and ready to act decisively is key to securing a home. For sellers, this environment provides an excellent opportunity to achieve strong returns on their properties.