Keller Williams Coastal Estates' Market Report

King City, CA

Single-Family Homes

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



King City, CA

Wed Jun 07 2023
This week the median list price for King City, CA is $624,500 with the market action index hovering around 60. This is an increase over last month's market action index of 53. Inventory has increased 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

Wed Jun 07 2023
This week the median list price for King City, CA is $624,500 with the market action index hovering around 60. This is an increase over last month's market action index of 53. Inventory has increased 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 $624,500
Median Price of New Listings $0
Per Square Foot $345
Average Days on Market 44
Median Days on Market 21
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 60
Strong Seller's Market

The market seems to have paused around this plateau. 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
$940,000 3,560 0.25 - 0.5 acre 4 4 48 0 0 28
$699,000 1,952 2.5 - 5 acres 3 2 43 0 0 119
$550,000 1,510 - 3 2 17 0 0 14
$529,000 1,592 0 - 4,500 sqft 3 2.5 17 0 1 14