Sat Jan 23 2021
This week the median list price for Big Sur, CA 93920 is $2,200,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. 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||$2,200,000|
|Per Square Foot||$1,907|
|Days on Market||335|
|Slight Buyer's Advantage|
The price per square foot is increasing fairly consistently recently despite the fact that overall price trends haven’t shown a consistent upwardly push. This can imply that investment conditions are opportunistic. Watch the Remodel Index for a more detailed analysis of the investment opportunity in the area.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$8,500,000||4,385||5 - 10 acres||3||4||7||0||0||42|
|$4,247,500||2,154||1 - 2.5 acres||2||2||46||0||0||269|
|$2,097,500||1,448||10 - 20 acres||2||2||50||0||0||164|