Mary Pope-Handy's Market Report

San Martin, CA 95046

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



San Martin, CA 95046

Mon May 20 2019
This week the median list price for San Martin, CA 95046 is $1,569,450 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 10. Click here to stay informed with the San Martin 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

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 95046

Mon May 20 2019
This week the median list price for San Martin, CA 95046 is $1,569,450 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 10. Click here to stay informed with the San Martin 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

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 $1,569,450
Per Square Foot $519
Days on Market 112
Price Decreased 10%
Price Increased 0%
Relisted 0%
Inventory 10
Median House Rent $2,495
Most Expensive $3,888,888
Least Expensive $749,000
Market Action Index
Strong Seller's Market
48

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict 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
$3,569,444 5,657 10 - 20 acres 5 4 14 0 0 122
$2,486,500 5,001 2.5 - 5 acres 4 3 23 0 0 245
$1,399,900 3,216 1 - 2.5 acres 4 3 11 1 1 28
$1,100,000 2,172 1 - 2.5 acres 3 2 41 2 2 100