Monterey Peninsula Home Team - Mark Bruno

Seaside, CA 93955

Single-Family Homes

Keller Williams Coastal Estates



Seaside, CA 93955

Mon Jun 24 2024
This week the median list price for Seaside, CA 93955 is $875,000 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has increased to 23. Click here to stay informed with the Seaside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Seaside, CA 93955

Mon Jun 24 2024
This week the median list price for Seaside, CA 93955 is $875,000 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has increased to 23. Click here to stay informed with the Seaside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Seaside market.
Median List Price $875,000
Median Price of New Listings $1,060,000
Per Square Foot $684
Average Days on Market 44
Median Days on Market 28
Price Decreased 48%
Price Increased 4%
Relisted 0%
Inventory 23
Median Rent
Market Action 49
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,575,000 3,303 0.25 - 0.5 acre 4 3 1 1 1 35
$1,067,500 1,668 6,500 - 8,000 sqft 3 2 57 2 0 17
$849,500 1,344 0 - 4,500 sqft 3 2 69 0 0 21
$758,950 994 0 - 4,500 sqft 2 1 72 0 2 28