Intero's Market Report
Pilot Hill, CA
Single-Family Homes
Pilot Hill, CA
Mon May 17 2021
This week the median list price for Pilot Hill, CA is $615,000 with the market action index hovering around 30. This is an increase over last month's market action index of 21. Inventory has held steady at or around 5.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.
Real-Time Market Profile
| Median List Price | $615,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $343 | |
| Average Days on Market | 102 | |
| Median Days on Market | 49 | |
| Price Decreased | 20% | |
| Price Increased | 20% | |
| Relisted | 0% | |
| Inventory | 5 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
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 |
|---|---|---|---|---|---|---|---|---|
| $1,999,950 | 7,735 | 10 - 20 acres | 4 | 4 | 13 | 0 | 0 | 49 |
| $1,649,000 | 4,080 | 10 - 20 acres | 6 | 5 | 19 | 0 | 0 | 301 |
| $615,000 | 1,792 | N/A | 1 | 1 | 5 | 0 | 0 | 14 |
| $454,500 | 1,332 | 10 - 20 acres | 3 | 2 | 31 | 0 | 0 | 73 |