Corte Madera Home Prices & Values

$983,400 Zillow Home Value Index What's This?  
Close

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.7% 1-year change
  • 2.3% 1-year forecast

Market Temperature: CoolWhat's This?
Close

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Corte Madera is $983,400. Corte Madera home values have gone up 7.7% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Corte Madera is $577, which is higher than the San Francisco Metro average of $392. The median price of homes currently listed in Corte Madera is $799,000 while the median price of homes that sold is $879,769.

Foreclosures will be a factor impacting home values in the next several years. In Corte Madera 1.7 homes are foreclosed (per 10,000). This is lower than the San Francisco Metro value of 2.0 and also lower than the national value of 5.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Corte Madera is 3.2%, which is lower than the national value of 8.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Corte Madera homeowners underwater on their mortgage is 2.5%, which is lower than San Francisco Metro at 10.7%.

more
Relative ZHVI
- +

Corte Madera Market Overview

Data through Feb 28, 2014
  • $983,400 ZHVI
  • 2.3% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $799,000 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Corte Madera Market Health

Data through Feb 28, 2014
  • 9.3/10 Very healthy What's This?  
    Close

    The Market Health Index illustrates the current health of a region’s housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

1.7 homes(Nov 30, 2013) Corte Madera
2 homes San Francisco Metro
5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Belvedere $2,918,800 Tiburon $1,925,900 Kentfield $1,634,600
Larkspur $1,255,400 Mill Valley $1,113,200 Sausalito $1,003,700
San Anselmo $998,100 San Rafael $769,800 Fairfax $708,400

Listings & Sales

Data through Feb 28, 2014
  • $577 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 7.7% Listings with price cut
15.9%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Corte Madera Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,947 Corte Madera
$2,676 San Francisco Metro
$1,310 United States
  • No recent data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading