$10,000 Closing Credit*
$885,000
1,532 SqFt
2 Beds
•2 Full Baths, 1 Partial
Amrita Kaur Bhatia, Listing Office: Fathom Realty Group
Is Marina, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Marina was a Seller's Market.
Key Takeaway
Marina is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marina, CA
How much do homes in Marina, CA cost?
Median Sold Price
$930,000
$530/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$101,000(+12.2%)
Key Takeaway
Homes in Marina have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Marina was $930,000 in September 2024, up 12.2% from last year, and the median price per square foot was $530.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $294.5K | N/A |
| 2 Bedrooms | $520K | $1.1M | +129.9% |
| 3 Bedrooms | $801.2K | $890K | +11.1% |
| 4 Bedrooms | $904K | $1.0M | +10.6% |
| 5+ Bedrooms | $1.5M | - | N/A |
Summary: Marina housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 129.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Seaside | $715.5K | $817.5K | +14.3% |
| Marina | $829K | $930K | +12.2% |
| Castroville | $850K | $930K | +9.4% |
| Seaside-Monterey | $1.0M | $1.1M | +6.3% |
Housing Supply in Marina, CA
How many homes are available in Marina, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Marina real estate market had 50 homes for sale in September 2024, a 16.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 16 | 19 | +18.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Marina housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marina, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Marina in September 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 15 Days | 14 Days | -11.3% |
Summary: Homes in Marina had an average of 14 days on market in Sep 2024, down by 11.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marina are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in Marina; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.