Is San Lorenzo Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Lorenzo Valley is a seller's market

Buyer's
Market

Difference Since March 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

$839,000

$561/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$32,500(-3.7%)

Key Takeaway

Homes in San Lorenzo Valley have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in San Lorenzo Valley was $839,000 in March 2024, down 3.7% from last year, and the median price per square foot was $561.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $575K$612.5K
+6.5%
2 $735K$641.5K
-12.7%
3 $970K$894K
-7.8%
4 $1.2M$1.0M
-14.9%
5+ $1.3M$1.4M
+10.2%

Summary: San Lorenzo Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Cities

Ben Lomond
0.3%
San Lorenzo Valley
-3.7%
Boulder Creek
-5.7%

Housing Supply in San Lorenzo Valley, CA

How many homes are available in San Lorenzo Valley, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6583+27.7%

Summary: The San Lorenzo Valley real estate market had 83 homes for sale in March 2024, a 27.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 14
+300.0%
2 2127
+28.6%
3 2736
+33.3%
4 1415
+7.1%
5+ 21
-50.0%

Summary: The San Lorenzo Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1419+35.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Lorenzo Valley, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in San Lorenzo Valley in March 2024, up by 35.7% month-over-month. Of the 19 sold homes, 58% were sold under asking, 5% were sold at asking, and 37% 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

Mar 2023Mar 2024CHANGE
28 Days52 Days+85.3%

Summary: Homes in San Lorenzo Valley had an average of 52 days on market in Mar 2024, up by 85.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Lorenzo Valley are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 19 homes were sold in San Lorenzo Valley; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

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

Report Updated 25 Days Ago

Newest Listings in San Lorenzo Valley, CA

Nearby Markets to San Lorenzo Valley, CA

What housing markets are near San Lorenzo Valley, CA?