Kapowich Real Estate Silicon Valley Reports

Half Moon Bay, CA

Single-Family Homes

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



Half Moon Bay, CA

Sun Apr 14 2024
This week the median list price for Half Moon Bay, CA is $2,450,000 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has increased to 19. Click here to stay informed with the Half Moon Bay market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Half Moon Bay, CA

Sun Apr 14 2024
This week the median list price for Half Moon Bay, CA is $2,450,000 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has increased to 19. Click here to stay informed with the Half Moon Bay market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Half Moon Bay market.
Median List Price $2,450,000
Median Price of New Listings $1,948,500
Per Square Foot $895
Average Days on Market 85
Median Days on Market 35
Price Decreased 32%
Price Increased 5%
Relisted 5%
Inventory 19
Median Rent
Market Action 31
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$4,449,000 3,950 0.25 - 0.5 acre 5 5 16 1 0 21
$3,500,000 3,598 0.25 - 0.5 acre 4 3.5 22 0 0 154
$2,098,000 2,650 8,000 - 10,000 sqft 4 3 39 3 0 0
$1,599,000 2,450 6,500 - 8,000 sqft 4 3 45 2 2 140