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1 homes in near Cove

Homes for Sale near Cove

Corte Madera, CA

227 Richardson DR
227 Richardson DR photo 2
1 / 20
OPEN SUNDAY, 8PM - 11PM

$3,449,000

FOR SALE

227 Richardson Dr, Mill Valley, CA 94941

4 beds · 4 baths · 3,413 sqft

  1. Topfind
  2. California
  3. Corte Madera
  4. Homes near Cove

About Homes near Cove

About Corte Madera: Cove is located in Corte Madera. Corte Madera is an incorporated town in Marin County, California, United States. Corte Madera is located 3.25 miles (5.2 km) south of San Rafael, at an elevation of 39 feet. The population was 10,222 at the 2020 census. The town was named after the Spanish imperative command "chop wood", as the area was famous for producing redwood tree lumber which was used in the construction of the city of San Francisco.

These are homes for sale within about 2 miles of Cove in Corte Madera (Topfind School Score: 10/10). The area around the school has 1 active listings.

Cove Area Market Pulse

Topfind Market Read

Buyer's Market

Buyers hold the edge right now. The typical home takes about 71 days to sell, and 100% of current listings have been up for more than 30 days. At the same time, there is only 1.0 months of supply, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.

Buyer leverageBalancedSeller leverage

Median Home Price

$3.45M

Chart shows the median closed sale price by month

$2.7M$1.9M$1.2M$535.5K
Oct 25
Jun 26

Months of Supply

Estimated time to sell all listings at the current sales pace

1.0 months of supply

Tight Supply

1 active listings against the current sales pace works out to about 1.0 months of supply.

Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
1.0
0369+

What this means for buyers

Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~71 days.

● Tight: strong demand● Balanced: steady pace● Ample: more choice

Sales Velocity

How fast homes are selling

Slow
FastSlow0d15d30d45d60d75d90d71days on market

Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.

● <30d: Fast● 30-45d: Steady● 45d+: Slower

Inventory Distribution

Aging Inventory

A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.

New
Active
Aging
Stale
30-day mark0 listings<7 days0 listings7-30 days0 listings30-60 days1 listings60+ days← Selling fastSitting longer →
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in Cove Area

Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.

HomeownersRenters

69%

Homeowners

31%

Renters

Homeownership is 13.5 points higher than the California average (55.5%)

Higher ownership rates often reflect more stable neighborhoods and longer-term residents.

4,037 households (2023)

Price Reductions

High Activity
1

1 listings have reduced their price

100% of active listings

Average reduction: 4.2% (~$145K)

A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Rentals near Cove

Nearby Schools

MARIN COUNTRY DAY SCHOOLMARIN MONTESSORI SCHOOLBel Aire ElementaryNeil Cummins ElementaryTERRA MARIN SCHOOLEdna Maguire Elementary

Frequently Asked Questions about Homes near Cove

How many homes are for sale in Cove Area, CA?

There are currently 1 homes for sale in Cove Area, ranging from $3,449,000 to $3,449,000.

What is the median home price in Cove Area?

The median list price in Cove Area is $3,449,000. Price per square foot averages $1011.

How fast do homes sell in Cove Area?

Homes in Cove Area currently average 71 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.

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