Single-Family Homes
Fri Dec 01 2023
This week the median list price for Sunol, CA is $3,888,888 with the market action index hovering around 19. This is about the same as last month's market action index of 19. Inventory has held steady at or around 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Median List Price | $3,888,888 | |
Median Price of New Listings | $0 | |
Per Square Foot | $625 | |
Average Days on Market | 261 | |
Median Days on Market | 224 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 33% | |
Inventory | 3 | |
Median Rent | ||
Market Action | 19 | |
Slight Buyer's Advantage |
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
$5,998,000 | 9,826 | 2.5 - 5 acres | 7 | 10 | 4 | 0 | 0 | 224 |
$3,888,888 | 6,060 | 10 - 20 acres | 6 | 5 | 36 | 0 | 0 | 525 |
$1,699,950 | 0 | N/A | 4 | 3 | 49 | 0 | 0 | 35 |