Mon Jun 05 2023
This week the median list price for Big Sur, CA 93920 is $8,275,000 with the market action index hovering around 18. This is less than last month's market action index of 24. Inventory has increased to 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$8,275,000|
|Median Price of New Listings||$0|
|Per Square Foot||$2,217|
|Average Days on Market||102|
|Median Days on Market||102|
|Slight Buyer's Advantage|
Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there’s a portion of the market being priced at a premium. You can investigate this condition in the quartile details.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$22,000,000||9,841||0 - 4,500 sqft||12||10.5||93||0||0||168|
|$6,600,000||3,000||5 - 10 acres||4||4||41||0||0||196|
|$1,600,000||990||1 - 2.5 acres||1||1.5||91||0||0||35|