$25,000
0.42 Acres
Land
The Madani Team, Listing Office: Room Real Estate
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 November 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
$852,500
$569/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+1.5%)
Key Takeaway
Homes in San Lorenzo Valley have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in San Lorenzo Valley was $852,500 in November 2024, up 1.5% from last year, and the median price per square foot was $569.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550.7K | $520.5K | -5.5% |
| 2 Bedrooms | $678K | $641.5K | -5.4% |
| 3 Bedrooms | $900K | $919K | +2.1% |
| 4 Bedrooms | $1.2M | $1.1M | -6.3% |
| 5+ Bedrooms | $1.2M | $1.3M | +4.9% |
Summary: San Lorenzo Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
| San Lorenzo Valley | $840K | $852.5K | +1.5% |
| Ben Lomond | $910K | $911.5K | 0.2% |
| Boulder Creek | $750K | $750K | 0.0% |
| West Santa Cruz | $1.1M | $1.1M | -2.3% |
Housing Supply in San Lorenzo Valley, CA
How many homes are available in San Lorenzo Valley, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 109 | -9.9% |
Summary: The San Lorenzo Valley real estate market had 109 homes for sale in November 2024, a 9.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 35 | 34 | -2.9% |
| 3 Bedrooms | 53 | 47 | -11.3% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The San Lorenzo Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 19 | -24.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
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 November 2024, down by 24.0% month-over-month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 46 Days | +15.1% |
Summary: Homes in San Lorenzo Valley had an average of 46 days on market in Nov 2024, up by 15.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Lorenzo Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in San Lorenzo Valley; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.