Is Lexington Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lexington Hills has remained a Seller's Market.
Housing Prices in Lexington Hills, CA
How much do homes in Lexington Hills, CA cost?
Median Sold Price
$1,225,784
$731/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lexington Hills was $1,225,784 in March 2024, down 17.5% from last year, and the median price per square foot was $731.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | - | N/A |
2 Bedrooms | $980K | $982K | 0.2% |
3 Bedrooms | $1.5M | $1.1M | -23.7% |
4 Bedrooms | $1.8M | $1.4M | -23.0% |
5+ Bedrooms | $2.3M | $2.2M | -3.0% |
Summary: Lexington Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
San Jose | $1.2M | $1.3M | +4.8% |
San Lorenzo Valley | $871.5K | $839K | -3.7% |
Los Gatos | $2.2M | $2.1M | -7.3% |
Lexington Hills | $1.4M | $1.2M | -17.5% |
Housing Supply in Lexington Hills, CA
How many homes are available in Lexington Hills, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 23 | +76.9% |
Summary: The Lexington Hills real estate market had 23 homes for sale in March 2024, a 76.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 3 | 6 | +100.0% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Lexington Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lexington Hills in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Lexington Hills, CA
How long does it take to sell a home in Lexington Hills, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 129 Days | +231.8% |
Summary: Homes in Lexington Hills had an average of 129 days on market in Mar 2024, up by 231.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Lexington Hills; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.