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Kentfield, CA Housing Market Trends
As of January 2025, Kentfield, CA home prices saw a sharp decline of 53.8% compared to last year, bringing the median sale price down to $855K. Despite this price drop, homes are selling much faster, with properties going under contract in just 6 days on average, compared to 85 days last year. However, overall sales activity remains minimal, with only one home sold this January, the same as last year. This suggests a highly limited market, where well-priced properties are moving quickly despite lower overall transaction volume.
Kentfield, CA remains a highly competitive market, with homes selling in an average of 22.5 days. Many properties attract multiple offers, some with waived contingencies, reflecting strong buyer demand. On average, homes sell for about 1% above the list price and go pending in around 23 days. However, hot homes—those in prime locations or with desirable features—can sell for up to 7% above asking and go pending in as little as 8 days, making it crucial for buyers to act quickly in this fast-moving market.
As of January 2025, Kentfield, CA is classified as a buyer’s market, meaning the supply of homes exceeds buyer demand. However, the market remains highly competitive, with homes selling quickly—many within days—and often above the list price. This indicates that while inventory may be higher, well-priced and desirable homes are still attracting strong interest, sometimes with multiple offers and waived contingencies. Buyers in Kentfield may have more options to choose from, but they should be prepared to act fast when the right home comes on the market.
Thinking about buying a home in Kentfield, CA? Whether you have questions about the market, available properties, or the buying process, Tracy is here to help! With expert insights and personalized guidance, you’ll find the perfect home in this competitive market. Get in touch today to start your search!
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