Keller Williams Coastal Estates' Market Report

King City, CA

Single-Family Homes

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



King City, CA

Tue May 26 2020
This week the median list price for King City, CA is $309,900 with the market action index hovering around 56. This is less than last month's market action index of 64. Inventory has held steady at or around 9. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

King City, CA

Tue May 26 2020
This week the median list price for King City, CA is $309,900 with the market action index hovering around 56. This is less than last month's market action index of 64. Inventory has held steady at or around 9. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the King City market.
Median List Price $309,900
Per Square Foot $252
Days on Market 60
Price Decreased 11%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Most Expensive $374,900
Least Expensive $262,500
Market Action 56
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$366,400 1,957 4,500 - 6,500 sqft 4 2 0 2 0 0
$312,900 1,244 4,500 - 6,500 sqft 3 2 0 2 0 24
$302,450 1,162 6,500 - 8,000 sqft 3 1 26 1 0 3
$269,000 1,006 0 - 4,500 sqft 3 1 33 1 0 161