Is Marina, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Marina has remained a Seller's Market.
Housing Prices in Marina, CA
How much do homes in Marina, CA cost?
Median Sold Price
$880,000
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Marina was $880,000 in March 2024, up 7.6% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $565K | - | N/A |
2 Bedrooms | $517.5K | $995.3K | +92.3% |
3 Bedrooms | $822.5K | $835K | +1.5% |
4 Bedrooms | $902K | $1.0M | +10.9% |
5+ Bedrooms | $876K | $1.5M | +81.8% |
Summary: Marina housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 92.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 81.8%.
Median Sold Price Compared To Nearby Cities
Seaside-Monterey | $998.4K | $1.0M | +8.3% |
Marina | $817.5K | $880K | +7.6% |
Castroville | $850K | $894.5K | +5.2% |
Seaside | $739.5K | $767.5K | +3.8% |
Housing Supply in Marina, CA
How many homes are available in Marina, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 47 | +17.5% |
Summary: The Marina real estate market had 47 homes for sale in March 2024, a 17.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 25 | 28 | +12.0% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Marina housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Marina in March 2024, up by 44.4% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for Marina, CA
How long does it take to sell a home in Marina, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 59 Days | +25.2% |
Summary: Homes in Marina had an average of 59 days on market in Mar 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Marina; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.