Intero's Market Report

San Martin, CA

Single-Family Homes



San Martin, CA

Wed Sep 22 2021
This week the median list price for San Martin, CA is $1,075,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has increased to 4. Click here to stay informed with the San Martin market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

San Martin, CA

Wed Sep 22 2021
This week the median list price for San Martin, CA is $1,075,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has increased to 4. Click here to stay informed with the San Martin market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Martin market.
Median List Price $1,075,000
Median Price of New Listings $1,100,000
Per Square Foot $612
Average Days on Market 61
Median Days on Market 49
Price Decreased 25%
Price Increased 0%
Relisted 25%
Inventory 4
Median Rent
Market Action 45
Strong Seller's Market

Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.

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
$1,410,000 2,340 1 - 2.5 acres 3 3 67 1 0 0
$1,100,000 2,000 2.5 - 5 acres 3 2 43 1 0 0
$1,050,000 1,348 1 - 2.5 acres 2 1 121 1 1 147
$935,000 1,500 6,500 - 8,000 sqft 4 3 81 0 0 98