$5,403 Closing Credit*
$455,000
972 SqFt
1 Bed
•1 Full Bath, 1 Partial
Audrey Killick, Listing Office: Coldwell Banker Kellie & Assoc
Is San Simeon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, San Simeon has remained a Seller's Market.
Key Takeaway
San Simeon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Simeon, CA
How much do homes in San Simeon, CA cost?
Median Sold Price
$510,000
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+7.4%)
Key Takeaway
Homes in San Simeon have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in San Simeon was $510,000 in October 2024, up 7.4% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $397.5K | $433.5K | +9.1% |
| 2 Bedrooms | $475K | $642.5K | +35.3% |
| 3 Bedrooms | $611K | $517.3K | -15.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: San Simeon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 35.3%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| San Simeon | $475K | $510K | +7.4% |
| Paso Robles | $679K | $723.7K | +6.6% |
| Cambria | $968.7K | $1.0M | +4.3% |
| North Coast | $940K | $943K | 0.3% |
Housing Supply in San Simeon, CA
How many homes are available in San Simeon, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The San Simeon real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The San Simeon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Simeon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in San Simeon in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for San Simeon, CA
How long does it take to sell a home in San Simeon, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 16 Days | -23.8% |
Summary: Homes in San Simeon had an average of 16 days on market in Oct 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Simeon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in San Simeon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.