RE/MAX Accord's Market Report

San Lorenzo, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



San Lorenzo, CA

Sat Dec 15 2018
This week the median list price for San Lorenzo, CA is $650,000 with the market action index hovering around 47. This is less than last month's market action index of 51. Inventory has held steady at or around 31. Click here to stay informed with the San Lorenzo market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Lorenzo, CA

Sat Dec 15 2018
This week the median list price for San Lorenzo, CA is $650,000 with the market action index hovering around 47. This is less than last month's market action index of 51. Inventory has held steady at or around 31. Click here to stay informed with the San Lorenzo market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 San Lorenzo market.
Median List Price $650,000
Per Square Foot $510
Days on Market 30
Price Decreased 23%
Price Increased 3%
Relisted 6%
Inventory 31
Median House Rent
Most Expensive $709,950
Least Expensive $299,800
Market Action Index
Strong Seller's Market
47

The market seems to have paused around this plateau. 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
$699,000 1,530 4,500 - 6,500 sqft 3 2 63 2 1 36
$672,500 1,373 4,500 - 6,500 sqft 3 2 67 3 0 28
$642,500 1,235 4,500 - 6,500 sqft 3 2 67 2 2 35
$583,500 1,049 4,500 - 6,500 sqft 3 2 67 2 0 23