Is Lexington Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Lexington Hills was a Buyer's Market.
Housing Prices in Lexington Hills, CA
How much do homes in Lexington Hills, CA cost?
Median Sold Price
$1,251,568
$711/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lexington Hills was $1,251,568 in June 2024, up 8.9% from last year, and the median price per square foot was $711.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | $250K | -54.5% |
2 Bedrooms | $980K | $900K | -8.2% |
3 Bedrooms | $1.2M | $1.1M | -4.8% |
4 Bedrooms | $1.5M | $1.7M | +11.1% |
5+ Bedrooms | $1.9M | $1.8M | -6.5% |
Summary: Lexington Hills housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.5%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
Summit Road | $1.4M | $1.7M | +24.4% |
San Jose | $1.2M | $1.3M | +10.8% |
Lexington Hills | $1.1M | $1.2M | +8.9% |
Los Gatos | $2.1M | $2.2M | +2.3% |
San Lorenzo Valley | $871.5K | $839K | -3.7% |
Housing Supply in Lexington Hills, CA
How many homes are available in Lexington Hills, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
28 | 25 | -10.7% |
Summary: The Lexington Hills real estate market had 25 homes for sale in June 2024, a 10.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Lexington Hills housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Lexington Hills in June 2024, up by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
3 Days | 27 Days | +800.0% |
Summary: Homes in Lexington Hills had an average of 27 days on market in Jun 2024, up by 800% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 7 homes were sold in Lexington Hills; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.