Keller Williams Coastal Estates' Market Report

Soledad, CA

Single-Family Homes

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



Soledad, CA

Tue May 26 2020
This week the median list price for Soledad, CA is $438,000 with the market action index hovering around 48. This is less than last month's market action index of 57. Inventory has held steady at or around 11. Click here to stay informed with the Soledad market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Soledad, CA

Tue May 26 2020
This week the median list price for Soledad, CA is $438,000 with the market action index hovering around 48. This is less than last month's market action index of 57. Inventory has held steady at or around 11. Click here to stay informed with the Soledad market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Soledad market.
Median List Price $438,000
Per Square Foot $302
Days on Market 68
Price Decreased 27%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent $2,795
Most Expensive $1,898,000
Least Expensive $315,000
Market Action 48
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,348,999 3,795 10 - 20 acres 5 4 28 0 0 234
$449,900 1,700 6,500 - 8,000 sqft 4 2 17 1 0 37
$435,000 1,357 4,500 - 6,500 sqft 3 2 21 0 0 11
$399,900 1,321 4,500 - 6,500 sqft 3 2 27 1 1 44