Mon May 17 2021
This week the median list price for Stinson Beach, CA is $5,495,000 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has increased to 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$5,495,000|
|Median Price of New Listings||$5,495,000|
|Per Square Foot||$1,992|
|Average Days on Market||42|
|Median Days on Market||35|
|Slight Buyer's Advantage|
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$5,495,000||2,108||6,500 - 8,000 sqft||3||2||56||1||0||35|
|$6,995,000||3,672||2.5 - 5 acres||5||4||3||0||0||35|
|$5,495,000||2,108||6,500 - 8,000 sqft||3||2||56||1||0||0|
|$1,295,000||650||0 - 4,500 sqft||1||1||75||0||0||91|