Is San Lorenzo Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, San Lorenzo Valley has remained a Seller's Market.
Housing Prices in San Lorenzo Valley, CA
How much do homes in San Lorenzo Valley, CA cost?
Median Sold Price
$835,000
$566/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in San Lorenzo Valley was $835,000 in April 2024, down 4.6% from last year, and the median price per square foot was $566.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $575K | $600K | +4.3% |
2 Bedrooms | $740K | $640K | -13.5% |
3 Bedrooms | $950K | $890K | -6.3% |
4 Bedrooms | $1.2M | $1.0M | -18.9% |
5+ Bedrooms | $1.3M | $1.3M | +5.4% |
Summary: San Lorenzo Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
West Santa Cruz | $1.0M | $1.1M | +12.7% |
Ben Lomond | $933.5K | $915K | -2.0% |
San Lorenzo Valley | $875K | $835K | -4.6% |
Boulder Creek | $800K | $750K | -6.3% |
Housing Supply in San Lorenzo Valley, CA
How many homes are available in San Lorenzo Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 103 | +35.5% |
Summary: The San Lorenzo Valley real estate market had 103 homes for sale in April 2024, a 35.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 8 | +100.0% |
2 Bedrooms | 25 | 31 | +24.0% |
3 Bedrooms | 32 | 50 | +56.3% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The San Lorenzo Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 56.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in San Lorenzo Valley in April 2024, up by 5.3% month-over-month. Of the 20 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 37 Days | -33.5% |
Summary: Homes in San Lorenzo Valley had an average of 37 days on market in Apr 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in San Lorenzo Valley; 80% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.