Is Lexington Hills, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lexington Hills is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Lexington Hills has remained a Seller's Market.

Key Takeaway

Lexington Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Lexington Hills, CA cost?

Median Sold Price

$1,462,500

$841/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$37,500(-2.5%)

Key Takeaway

Homes in Lexington Hills have sold for 2.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $615K$749K
+21.8%
2 $1.1M$974.9K
-15.4%
3 $1.4M$1.5M
+6.4%
4 $1.5M$1.9M
+24.5%
5+ $2.4M$2.3M
-7.6%

Median Sold Price Compared To Nearby Cities

San Lorenzo Valley
+11.3%
San Jose
+9.7%
Summit Road
+7.1%
Los Gatos
+6.8%
Lexington Hills
-2.5%

How many homes are available in Lexington Hills, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
1714-17.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 55
0.0%
3 53
-40.0%
4 45
+25.0%
5+ 20
-100.0%

Number of Homes Sold

Oct 2022Nov 2022%
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lexington Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
26 Days50 Days+87.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lexington Hills has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lexington Hills, CA

Homes for sale in Lexington Hills, CA have reached 14. The number of listings in Lexington Hills, CA decreased by 17.6% between October 2022 and November 2022. The median list price of listings available in November 2022 was $1,462,500, while the average time on the real estate market was 50 days. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 21.8%, 2 bedrooms properties prices decreased by 15.4%, prices of 3 bedrooms properties increased by 6.4%, 4 bedrooms properties became 24.5% more expensive, the cost of 5 bedrooms properties went down by 7.6%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes went down by 40%, the quantity of 4 bedrooms homes went up by 25%, the quantity of 5 bedrooms homes went down by 100%. While more than 1 listings in Lexington Hills, CA in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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