Keller Williams Coastal Estates' Market Report

Watsonville, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Watsonville, CA

Sun Jan 29 2023
This week the median list price for Watsonville, CA is $899,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has decreased to 34. Click here to stay informed with the Watsonville market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Watsonville, CA

Sun Jan 29 2023
This week the median list price for Watsonville, CA is $899,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has decreased to 34. Click here to stay informed with the Watsonville market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Watsonville market.
Median List Price $899,000
Median Price of New Listings $899,000
Per Square Foot $656
Average Days on Market 128
Median Days on Market 109
Price Decreased 41%
Price Increased 3%
Relisted 3%
Inventory 34
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,669,999 2,154 5 - 10 acres 2 2.5 41 1 0 157
$1,124,000 1,769 0.5 - 1 acre 3 2.3 61 0 1 101
$835,000 1,783 4,500 - 6,500 sqft 3 2 59 2 1 112
$515,000 849 0 - 4,500 sqft 2 1 53 2 2 35