Is San Lorenzo Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, San Lorenzo Valley has remained a Seller's Market.
Key Takeaway
San Lorenzo Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Lorenzo Valley, CA
How much do homes in San Lorenzo Valley, CA cost?
Median Sold Price
$840,000
$566/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in San Lorenzo Valley have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in San Lorenzo Valley was $840,000 in May 2024, down 1.2% from last year, and the median price per square foot was $566.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $600K | $525K | -12.5% |
| 2 Bedrooms | $735K | $652.5K | -11.2% |
| 3 Bedrooms | $925K | $898K | -2.9% |
| 4 Bedrooms | $1.2M | $982.9K | -22.1% |
| 5+ Bedrooms | $1.2M | $1.3M | +7.8% |
Summary: San Lorenzo Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| West Santa Cruz | $1.0M | $1.1M | +12.2% |
| Ben Lomond | $897K | $915K | +2.0% |
| San Lorenzo Valley | $850K | $840K | -1.2% |
| Boulder Creek | $791K | $750K | -5.2% |
Housing Supply in San Lorenzo Valley, CA
How many homes are available in San Lorenzo Valley, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 100 | 121 | +21.0% |
Summary: The San Lorenzo Valley real estate market had 121 homes for sale in May 2024, a 21.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 31 | 32 | +3.2% |
| 3 Bedrooms | 49 | 55 | +12.2% |
| 4 Bedrooms | 11 | 23 | +109.1% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The San Lorenzo Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 109.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 28 | +40.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Lorenzo Valley, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in San Lorenzo Valley in May 2024, up by 40.0% month-over-month. Of the 26 sold homes, 35% were sold under asking, 15% were sold at asking, and 50% were sold over asking.
Days on Market for San Lorenzo Valley, CA
How long does it take to sell a home in San Lorenzo Valley, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 28 Days | -2.0% |
Summary: Homes in San Lorenzo Valley had an average of 28 days on market in May 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Lorenzo Valley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 28 homes were sold in San Lorenzo Valley; 75% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.