Single-Family Homes
Sun Jul 06 2025
This week the median list price for Summerland, CA 93067 is $4,995,000 with the market action index hovering around 30. This is an increase over last month's market action index of 21. Inventory has held steady at or around 9.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
Median List Price | $4,995,000 | |
Median Price of New Listings | $2,450,000 | |
Per Square Foot | $2,558 | |
Average Days on Market | 347 | |
Median Days on Market | 63 | |
Price Decreased | 22% | |
Price Increased | 0% | |
Relisted | 22% | |
Inventory | 9 | |
Median Rent | ||
Market Action | 30 | |
Slight Seller's Advantage |
Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$24,500,000 | 6,940 | 5 - 10 acres | 6 | 10 | 6 | 0 | 0 | 49 |
$7,097,500 | 1,517 | 10 - 20 acres | 2 | 2.5 | 32 | 0 | 0 | 756 |
$3,097,500 | 1,691 | 0.25 - 0.5 acre | 3 | 3.3 | 104 | 0 | 0 | 203 |
$2,262,500 | 1,356 | 8,000 - 10,000 sqft | 4 | 2.5 | 92 | 1 | 0 | 28 |