REAL-TIME MARKET NUMBERS

Avila Beach, CA 93424

Single-Family Homes

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Avila Beach, CA 93424

Fri Jul 26 2024
This week the median list price for Avila Beach, CA 93424 is $2,895,000 with the market action index hovering around 37. This is an increase over last month's market action index of 32. Inventory has decreased to 5. Click here to stay informed with the Avila Beach market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Avila Beach, CA 93424

Fri Jul 26 2024
This week the median list price for Avila Beach, CA 93424 is $2,895,000 with the market action index hovering around 37. This is an increase over last month's market action index of 32. Inventory has decreased to 5. Click here to stay informed with the Avila Beach market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Avila Beach market.
Median List Price $2,895,000
Median Price of New Listings $1,225,000
Per Square Foot $1,215
Average Days on Market 60
Median Days on Market 77
Price Decreased 80%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$6,950,000 5,319 0.5 - 1 acre 5 3.5 23 0 0 105
$3,249,000 2,672 4,500 - 6,500 sqft 3 1.5 0 0 1 21
$2,895,000 2,547 8,000 - 10,000 sqft 4 3.5 6 0 1 77
$1,187,500 1,314 0 - 4,500 sqft 2 2 50 1 1 49