$295K  
The King City market lost steam with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (6.5) with nine homes sold. Within the same time frame, Salinas had 46 sales, the most of all cities in the area. The median sales price dropped to $279,900, down from last week's $301,175. Despite the slip in sales, a relatively low two months of inventory indicates that King City is a strong seller's market.
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$439K  
Despite holding steady in sales this week, the King City market extended a six-week hot streak with a total of 12 homes sold over the last 30 days. The median sales price in King City stayed put this week at $301,175. There is only one month of inventory available in King City, so it's a strong seller's market, even if sales are flat.
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$340K  
Over the last 30 days, the King City market made gains with 12 homes sold, a 9.1% increase from last week's report. To put it in perspective, close-by Salinas registered 61 homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $301,175 over the latest reporting period for King City, up from $299,900. The rising sales and a low one month of inventory point to King City being a definite seller's market.
Comments:

$340K  
The number of home sales in the King City market rocketed 37.5% to 11 homes over the last 30 days. Within the same time frame, Salinas had 76 sales, the most of all cities in the area. Months of inventory were further reduced to one, extending a downward trend to four weeks. With such a small volume of inventory available and sales going up, King City is a definite seller's market.
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$399K  
King City is a larger than average city in California with 12,874 residents. Also, it has seen a 14.3% increase in population over the last 10 years. King City is an area where 43.3% of the homes are owned, while 50.2% are rented. Heading the list of top schools in the city is King City High School.
Comments:

$439K  
The King City market showed continued gains over the last 30 days, extending a three-week growth trend. Sales climbed 14.3% to eight homes, the most in three months. In comparison, Salinas had 68 sales in the same time frame, the most of all nearby municipalities. Potential buyers should note that prices went up in King City, with the median for this period rising from $235,000 to $301,175. The higher trending sales numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that King City is a strong seller's market.
Comments:

$439K  
Over the last 30 days, four homes went under contract in the King City market, the lowest amount since July. As the market appears to be weakening, there were seven homes sold over the same period. In comparison, Salinas led all other nearby municipalities with 81 contracts executed. The median sales price dropped to $235,000 over the latest reporting period for King City, down from $243,500. The rising sales and a low two months of inventory point to King City being a definite seller's market.
Comments:

$309K  
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.
Comments:

$439K  
The King City market stayed sluggish with four homes sold in the last 30 days, a 20.0% sales drop. In comparison, nearby Salinas had 52 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $296,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$350K  
Over the last 30 days, the King City market got positive news with five homes sold. It marks a 66.7% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. At the same time, close-by Salinas reported 62 home sales, the highest number from all the surrounding cities. The median sales price dropped to $252,000, down from last week's $274,900. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that King City is a seller's market.
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