Heinrich Team's Market Report

Big Sur, CA 93920

Single-Family Homes

Coldwell Banker | 831-250-3399 | zach@theheinrichteam.com



Big Sur, CA 93920

Tue Feb 20 2018
This week the median list price for undefined is $2,074,500 with the market action index hovering around 25. This is less than last month's market action index of 28. Inventory has held steady at or around 10. Click here to stay informed with the Big Sur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Big Sur, CA 93920

Tue Feb 20 2018
This week the median list price for undefined is $2,074,500 with the market action index hovering around 25. This is less than last month's market action index of 28. Inventory has held steady at or around 10. Click here to stay informed with the Big Sur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Big Sur market.
Median List Price $2,074,500
Per Square Foot $1,140
Days on Market 183
Price Decreased 10%
Price Increased 0%
Relisted 80%
Inventory 10
Median House Rent
Most Expensive $3,995,000
Least Expensive $1,200,000
Market Action Index
Slight Buyer's Advantage
25

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,642,500 3,236 N/A 3 3 37 1 0 56
$2,612,500 2,216 1 - 2.5 acres 3 3 43 0 0 56
$1,949,000 1,455 5 - 10 acres 1 2 24 0 0 263
$1,600,000 1,580 10 - 20 acres 2 2 57 0 0 273