Keller Williams Coastal Estates' Market Report

King City, CA

Single-Family Homes

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



King City, CA

Mon Feb 06 2023
This week the median list price for King City, CA is $657,000 with the market action index hovering around 50. This is an increase over last month's market action index of 39. 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

Mon Feb 06 2023
This week the median list price for King City, CA is $657,000 with the market action index hovering around 50. This is an increase over last month's market action index of 39. 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 $657,000
Median Price of New Listings $729,000
Per Square Foot $339
Average Days on Market 107
Median Days on Market 84
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 50
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
$1,699,000 2,152 N/A 2 2 39 0 0 259
$729,000 1,952 2.5 - 5 acres 3 2 43 1 0 0
$585,000 1,907 4,500 - 6,500 sqft 4 3 17 0 0 133
$574,900 2,069 4,500 - 6,500 sqft 4 2.5 4 0 2 35