Intero's Market Report

Half Moon Bay, CA

Single-Family Homes



Half Moon Bay, CA

Tue Jul 16 2024
This week the median list price for Half Moon Bay, CA is $2,312,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 22. Click here to stay informed with the Half Moon Bay 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 continue to fall a bit. 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.

Half Moon Bay, CA

Tue Jul 16 2024
This week the median list price for Half Moon Bay, CA is $2,312,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 22. Click here to stay informed with the Half Moon Bay 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 continue to fall a bit. 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 Half Moon Bay market.
Median List Price $2,312,000
Median Price of New Listings $2,850,000
Per Square Foot $937
Average Days on Market 84
Median Days on Market 63
Price Decreased 50%
Price Increased 0%
Relisted 5%
Inventory 22
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$4,949,000 3,964 0.25 - 0.5 acre 5 5 37 0 0 91
$2,999,999 2,760 6,500 - 8,000 sqft 4 3 44 1 0 14
$1,974,500 2,555 6,500 - 8,000 sqft 4 3 39 0 1 52
$1,462,000 1,600 6,500 - 8,000 sqft 3 2.8 61 0 0 63