RE/MAX Accord's Market Report

San Lorenzo, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



San Lorenzo, CA

Tue Jul 16 2024
This week the median list price for San Lorenzo, CA is $829,850 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has decreased to 16. Click here to stay informed with the San Lorenzo market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Lorenzo, CA

Tue Jul 16 2024
This week the median list price for San Lorenzo, CA is $829,850 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has decreased to 16. Click here to stay informed with the San Lorenzo market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Lorenzo market.
Median List Price $829,850
Median Price of New Listings $875,000
Per Square Foot $622
Average Days on Market 36
Median Days on Market 21
Price Decreased 19%
Price Increased 6%
Relisted 13%
Inventory 16
Median Rent
Market Action 69
Strong Seller's Market

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
$1,094,388 1,754 4,500 - 6,500 sqft 3 2.5 74 1 1 10
$862,500 1,411 4,500 - 6,500 sqft 3 2 73 1 0 10
$794,500 1,316 4,500 - 6,500 sqft 3 2 60 0 1 38
$749,500 1,032 4,500 - 6,500 sqft 3 1 74 1 1 28