REAL-TIME MARKET NUMBERS

Avila Beach, CA 93424

Single-Family Homes

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Avila Beach, CA 93424

Thu Dec 26 2024
This week the median list price for Avila Beach, CA 93424 is $1,672,000 with the market action index hovering around 25. This is an increase over last month's market action index of 22. Inventory has decreased to 6. 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 Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Avila Beach, CA 93424

Thu Dec 26 2024
This week the median list price for Avila Beach, CA 93424 is $1,672,000 with the market action index hovering around 25. This is an increase over last month's market action index of 22. Inventory has decreased to 6. 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 Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Avila Beach market.
Median List Price $1,672,000
Median Price of New Listings $0
Per Square Foot $931
Average Days on Market 114
Median Days on Market 95
Price Decreased 83%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 25
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks 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
$2,750,000 2,547 8,000 - 10,000 sqft 4 3.5 6 0 0 231
$2,495,000 2,541 4,500 - 6,500 sqft 3 2.5 7 0 0 84
$1,672,000 1,966 4,500 - 6,500 sqft 3 2.5 17 0 0 105
$1,347,000 1,780 0 - 4,500 sqft 3 2.5 14 0 0 80