King City Real Estate Market Continues Downward Trend in Price Cuts

The King City market saw sales remain steady this week at four homes sold over the last 30 days, while it undergoes a budding downward trend in price reductions, with five in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that there are now four months of inventory available in King City and prices have come down. The median sales price dropped to $243,500.

If you're looking for a large number of bathrooms, take a look at these three homes in King City that offer the most of all available listings:

$309K   $299K   $369K  

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 population growth rating is 62. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 188.4 per 100,000 people.
  • The health cost index score in this area is 112.4. (100 = national average)
  • Residents who travel to work by car account for 53.6% of all commuters, while carpools account for 29.3%, and public transit makes up 0.5%.

Data reported through 10/19/2016

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