Is Marina, 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, Marina has remained a Seller's Market.
Housing Prices in Marina, CA
How much do homes in Marina, CA cost?
Median Sold Price
$918,000
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marina was $918,000 in April 2024, up 11.3% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $565K | - | N/A |
2 Bedrooms | $529K | $1.1M | +126.0% |
3 Bedrooms | $829K | $835K | +0.7% |
4 Bedrooms | $904K | $1.0M | +10.6% |
5+ Bedrooms | - | $1.5M | N/A |
Summary: Marina housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 126%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Marina | $825K | $918K | +11.3% |
Seaside | $725K | $778K | +7.3% |
Castroville | $850K | $900K | +5.9% |
Seaside-Monterey | $1.0M | $1.0M | +4.6% |
Housing Supply in Marina, CA
How many homes are available in Marina, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 52 | +10.6% |
Summary: The Marina real estate market had 52 homes for sale in April 2024, a 10.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 28 | 34 | +21.4% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marina housing inventory by bedroom type for April 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 21.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Marina in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 30 Days | -21.5% |
Summary: Homes in Marina had an average of 30 days on market in Apr 2024, down by 21.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Marina; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.