$564K  
Sales have inched up to eight homes sold over the last 30 days in the Marina market. But sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to 16 for the same period. The median sales price rose to $501,000, up from last week's $496,500. The rising sales and a low two months of inventory point to Marina being a definite seller's market.
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$354K  
The Marina market remained soft this week as sales slid 14.3% to land at six homes sold over the last 30 days. Meanwhile, close-by Salinas reported 55 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $496,500 over the latest reporting period for Marina, up from $491,000. There are only three months of inventory available in Marina, so it's a seller's market, even with the decrease in sales.
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$549K  
The Marina market saw nine homes go under contract and failed to break out of a new downward trend. Along with that, total home sales dropped to five over the last 30 days. Months of inventory in Marina shot up to four but prices came down, as the median sales price dropped to $490,000.
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$795K  
A dip in the number of pending transactions in the Marina market over the last 30 days resulted in the lowest amount since February. While seven homes went under contract, there were 11 completed sales. In comparison, Salinas led all other nearby municipalities with 77 contracts executed. As contracts reached a new low, the median sales price went in the opposite direction, trending up for four weeks to $520,000. There are only two months of inventory available in Marina and prices are rising, so it is still a definite seller's market, even with the shrinking contracts numbers.
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$539K  
Marina is a city that is growing about even with others in California at a 10-year growth rate of 3.7%. It also has a larger than average population of 19,718 people. Marina is made up of homes that are considered relatively old with a median of 34 years. The best schools in the city are Ione Olson Elementary School and Los Arboles Middle School.
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$499K  
While home sales in the Marina market have been above average, in this week's report they dropped 13.3% to 13 homes sold over the last 30 days. Meanwhile, close-by Salinas reported 68 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Marina, and for this period the median sales price slid from $555,000 to $520,000. In spite of the decrease in sales, a low one month of inventory signals that Marina is a definite seller's market.
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$430K  
The Marina market recorded 15 home sales over the last 30 days. Also, a record number 14 new listings were posted, the highest since July. When comparing other close-by municipalities within the same period, the most came from Salinas with 74 new listings. The median sales price remained unchanged over the latest reporting period for Marina, coming in at $555,000. Even with rising new listings, a low one month of inventory means Marina is still a strong seller's market.
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$795K  
Despite a confirmed downward trend in sellers reducing price, including four markdowns over the last 30 days, sales in the Marina market jumped to 12 over the same stretch of time. Prices are rising in Marina, and the median sales price this period increased from $500,000 to $537,500. The rising sales and a low one month of inventory point to Marina being a definite seller's market.
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$489K  
Over the last 30 days, eight homes were sold in the Marina market, down 11.1%. Additionally, the market is still in an established downward trend overall. Prices are rising in Marina, and the median sales price this period increased from $499,000 to $500,000. With only two months of inventory to sell, Marina is a still solid seller's market, even after taking into consideration the falling sales numbers.
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$505K  
Marina has a population that is much older than most in California with a median age of 34 years. Also, it's somewhat affluent with a median income of $50,842 per household. With a ratio of 53.9%, most homes in Marina are being rented. The best schools in the city are Ione Olson Elementary School and Los Arboles Middle School.
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