Kapowich Real Estate Silicon Valley Reports

Montara, CA

Single-Family Homes

Pat Kapowich | 408.245.7700 | Pat@SiliconValleyBroker.com | Broker's License #00979413



Montara, CA

Sun Apr 14 2024
This week the median list price for Montara, CA is $1,600,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 5. Click here to stay informed with the Montara market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Montara, CA

Sun Apr 14 2024
This week the median list price for Montara, CA is $1,600,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 5. Click here to stay informed with the Montara market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Montara market.
Median List Price $1,600,000
Median Price of New Listings $0
Per Square Foot $958
Average Days on Market 64
Median Days on Market 49
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 32
Slight Seller's Advantage

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$3,399,000 4,705 1 - 2.5 acres 6 5.5 34 0 0 49
$2,495,000 2,900 6,500 - 8,000 sqft 4 2.5 48 0 0 56
$1,600,000 1,670 0.25 - 0.5 acre 4 2 55 0 0 14
$1,335,500 1,190 0 - 4,500 sqft 2 1.8 65 0 0 101