Is Sausalito, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sausalito has remained a Seller's Market.
Key Takeaway
Sausalito is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sausalito, CA
How much do homes in Sausalito, CA cost?
Median Sold Price
$1,355,250
$890/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sausalito have sold for 25.2% less than they did a year ago.
Summary: The median home sold price in Sausalito was $1,355,250 in April 2024, down 25.2% from last year, and the median price per square foot was $890.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $665K | $662K | -0.5% |
| 2 Bedrooms | $1.0M | $1.0M | +0.8% |
| 3 Bedrooms | $2.3M | $1.9M | -16.3% |
| 4 Bedrooms | $3.4M | $2.0M | -41.2% |
| 5+ Bedrooms | $3.0M | $4.6M | +52.4% |
Summary: Sausalito housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 41.2%, and 5+ bedroom homes increased by 52.4%.
Median Sold Price Compared To Nearby Cities
| Southeast Marin | $2.1M | $2.0M | -2.5% |
| Sausalito | $1.8M | $1.3M | -25.2% |
Housing Supply in Sausalito, CA
How many homes are available in Sausalito, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 40 | +25.0% |
Summary: The Sausalito real estate market had 40 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 11 | 21 | +90.9% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sausalito housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 90.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sausalito, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Sausalito in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for Sausalito, CA
How long does it take to sell a home in Sausalito, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 29 Days | +56.8% |
Summary: Homes in Sausalito had an average of 29 days on market in Apr 2024, up by 56.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sausalito are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Sausalito; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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