Keller Williams Coastal Estates' Market Report

King City, CA

Single-Family Homes

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



King City, CA

Sat Jun 12 2021
This week the median list price for King City, CA is $730,000 with the market action index hovering around 74. This is an increase over last month's market action index of 62. Inventory has decreased to 4. Click here to stay informed with the King City market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

King City, CA

Sat Jun 12 2021
This week the median list price for King City, CA is $730,000 with the market action index hovering around 74. This is an increase over last month's market action index of 62. Inventory has decreased to 4. Click here to stay informed with the King City market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the King City market.
Median List Price $730,000
Median Price of New Listings $475,000
Per Square Foot $425
Average Days on Market 96
Median Days on Market 77
Price Decreased 25%
Price Increased 25%
Relisted 0%
Inventory 4
Median Rent
Market Action 74
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$999,999 1,231 10 - 20 acres 6 4 52 0 0 182
$895,000 2,644 10 - 20 acres 3 3 60 0 0 70
$565,000 1,200 2.5 - 5 acres 3 2 61 0 0 84
$475,000 1,248 6,500 - 8,000 sqft 3 2 43 1 2 49