Marina Housing Market Report – May 2026
Here's a look at how the Marina, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 61
- Median Sale Price: $644,000
- Average Sale Price: $848,716
- Average Price Per Sq Ft: $482
- Average Days on Market: 124
- Sale-to-List Price Ratio: 99.6%
Month-Over-Month Trends
Compared to April, the median sale price in Marina moved 86.5% down (from $4,781,500 to $644,000). The number of homes sold was 134.6% up compared to the prior month (26 vs. 61). Average days on market shifted 39.3% up (89 days to 124 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 46.7% down (from $1,209,000 to $644,000). Sales volume is 110.3% up year-over-year.
What This Means
Marina's housing market is showing signs of stability after what appears to be a significant correction. The dramatic month-over-month median price drop looks alarming at first glance, but that April figure of $4.78 million was likely a data anomaly or outlier sale that skewed the average. The year-over-year decline of 46.7% is more telling—prices have genuinely moderated from last May's $1.21 million median to $644,000 today. That's a substantial pullback, but it's bringing the market closer to historical norms for the area.
What's encouraging is buyer engagement despite slower movement. Sales volume has roughly doubled, though part of this increase likely reflects improved data collection rather than a market surge. More importantly, homes are selling at nearly asking price (99.6% ratio), suggesting realistic pricing by sellers. However, the 124-day average time on market is concerning—that's 35 days longer than April and indicates buyers are taking more time to commit, possibly due to lingering rate concerns or affordability pressures.
The inventory situation deserves attention. With 109 active listings at a $1.2 million median asking price, there's a notable disconnect from what's actually closing. This suggests sellers still haven't fully adjusted expectations, creating friction in the market. For buyers, this environment offers negotiating room despite healthy sale-to-list ratios.
Marina Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93933 | 61 | $644,000 | $482 | 124 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 35 | $644,000 | $526 |
| CONDO | 11 | $380,000 | N/A |
| MOBILE | 5 | $163,000 | $257 |
| LAND | 5 | $1,509,000 | N/A |
| CONDOS | 3 | $530,000 | $462 |
| MULTI_FAMILY | 1 | $1,585,000 | $457 |
| OTHER | 1 | $2,535,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 3 |
| $300K - $399K | 6 |
| $400K - $499K | 3 |
| $500K - $749K | 20 |
| $750K+ | 29 |
Current Active Listings
As of this report, there are 109 active listings in Marina with a median asking price of $1,199,000 and an average of 43 days on market.
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