King City Real Estate Market Extends Downward Trend in New Listings

With an identifiable downward trend of new sellers listing homes, including 18 over the last 30 days, and sales that fell to 17 in that same time frame, the King City market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price climbed to $302,995, up from last week's $297,517. With only one month of inventory to sell, King City is a strong seller's market, in spite of the dip in sales.

If you're looking for a more established home, then be sure to see these listings in King City that were built before most others in the market:

$370K   $269K   $125K  

Get started right now by checking out King City homes for sale or reviewing King City real estate trends.

Demographic facts about King City:

  • The average elevation is 235 feet.
  • The median income for the homes in this area is $38,764.
  • For every counselor there are 671 students in this area. (513 = national average)

Data reported through 10/12/2016

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Summa Real Estate Group
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Eleete Real Estate
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Keller Williams College Park
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