Is Lexington Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lexington Hills was a Seller's Market.
Housing Prices in Lexington Hills, CA
How much do homes in Lexington Hills, CA cost?
Median Sold Price
$1,225,784
$721/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lexington Hills was $1,225,784 in April 2024, up 3% from last year, and the median price per square foot was $721.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | - | N/A |
2 Bedrooms | $980K | $937.5K | -4.3% |
3 Bedrooms | $1.5M | $1.1M | -21.1% |
4 Bedrooms | $1.7M | $1.4M | -18.5% |
5+ Bedrooms | $2.3M | $2.2M | -3.0% |
Summary: Lexington Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
Summit Road | $1.3M | $1.8M | +34.2% |
San Jose | $1.2M | $1.3M | +7.5% |
Lexington Hills | $1.1M | $1.2M | +3.0% |
Los Gatos | $2.2M | $2.1M | -3.3% |
San Lorenzo Valley | $875K | $835K | -4.6% |
Housing Supply in Lexington Hills, CA
How many homes are available in Lexington Hills, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 18 | -14.3% |
Summary: The Lexington Hills real estate market had 18 homes for sale in April 2024, a 14.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Lexington Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lexington Hills in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lexington Hills, CA
How long does it take to sell a home in Lexington Hills, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 11 Days | -77.9% |
Summary: Homes in Lexington Hills had an average of 11 days on market in Apr 2024, down by 77.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lexington Hills; 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.