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 January 2022

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.

How much do homes in San Lorenzo Valley, CA cost?

Median Sold Price

$885,625

$628/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$60,625(+7.3%)

Key Takeaway

Homes in San Lorenzo Valley have sold for 7.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $499K$575K
+15.2%
2 $665K$735K
+10.5%
3 $900K$990K
+10.0%
4 $1.1M$1.2M
+6.4%
5+ $1.4M$1.3M
-6.8%

Median Sold Price Compared To Nearby Cities

San Lorenzo Valley
+7.3%
Boulder Creek
+1.9%
West Santa Cruz
-1.2%

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

Number of Homes For Sale

Dec 2022Jan 2023%
4845-6.3%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 77
0.0%
2 1414
0.0%
3 1614
-12.5%
4 98
-11.1%
5+ 22
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
108-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
49 Days38 Days-22.4%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 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.

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

About San Lorenzo Valley, CA

Number of homes for sale in San Lorenzo Valley, CA real estate market have reached 45. The number of listings in San Lorenzo Valley, CA decreased by 6.3% between December 2022 and January 2023. While the average time on the market in January 2023 was 38 days, the median list price was $885,625. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties prices increased by 15.2%, the cost of 2 bedrooms properties went up by 10.5%, 3 bedrooms properties prices increased by 10%, 4 bedrooms properties became 6.4% more expensive, prices of 5 bedrooms properties decreased by 6.8%. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 12.5%, 4 bedrooms homes inventory decreased by 11.1%, volume of 5 bedrooms homes stayed the same. San Lorenzo Valley, CA housing market in January 2023 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 4 sold below.

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