Mon Dec 11 2023
This week the median list price for Big Sur, CA 93920 is $5,850,000 with the market action index hovering around 21. This is less than last month's market action index of 25. Inventory has held steady at or around 7.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$5,850,000|
|Median Price of New Listings||$0|
|Per Square Foot||$3,316|
|Average Days on Market||131|
|Median Days on Market||91|
|Slight Buyer's Advantage|
The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$17,475,000||3,318||5 - 10 acres||2||2.8||28||0||0||126|
|$4,824,500||3,200||2.5 - 5 acres||3||3.8||30||0||0||238|
|$3,125,000||867||2.5 - 5 acres||1||1||39||0||0||73|