Kapowich Real Estate Silicon Valley Reports

Pescadero, CA

Single-Family Homes

Pat Kapowich | 408.245.7700 | Pat@SiliconValleyBroker.com | Broker's License #00979413



Pescadero, CA

Sun Apr 14 2024
This week the median list price for Pescadero, CA is $1,850,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has increased to 5. Click here to stay informed with the Pescadero 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.

Pescadero, CA

Sun Apr 14 2024
This week the median list price for Pescadero, CA is $1,850,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has increased to 5. Click here to stay informed with the Pescadero 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 Pescadero market.
Median List Price $1,850,000
Median Price of New Listings $1,524,000
Per Square Foot $714
Average Days on Market 74
Median Days on Market 14
Price Decreased 40%
Price Increased 0%
Relisted 40%
Inventory 5
Median Rent
Market Action 39
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
$9,950,000 12,560 N/A 7 9.5 7 0 0 14
$2,198,000 1,628 10 - 20 acres 3 2 61 1 0 0
$1,850,000 3,200 1 - 2.5 acres 3 3.5 64 0 0 175
$874,500 1,430 0.5 - 1 acre 2 2 89 1 0 91