Single-Family Homes
Thu Feb 13 2025
This week the median list price for Big Sur, CA 93920 is $7,642,500 with the market action index hovering around 39. This is an increase over last month's market action index of 35. Inventory has decreased to 6.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Median List Price | $7,642,500 | |
Median Price of New Listings | $0 | |
Per Square Foot | $2,840 | |
Average Days on Market | 243 | |
Median Days on Market | 245 | |
Price Decreased | 17% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 6 | |
Median Rent | ||
Market Action | 39 | |
Slight Seller's Advantage |
The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$100,000,000 | 8,379 | N/A | 11 | 8.5 | 69 | 0 | 0 | 77 |
$21,500,000 | 7,668 | N/A | 11 | 12 | 54 | 0 | 0 | 238 |
$7,642,500 | 2,587 | 2.5 - 5 acres | 3 | 2.8 | 62 | 0 | 0 | 378 |
$3,057,500 | 1,720 | 5 - 10 acres | 3 | 2.5 | 38 | 0 | 0 | 192 |