Altos Market Data for Realtors

Half Moon Bay, CA

Single-Family Homes

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Half Moon Bay, CA

Thu Mar 28 2024
This week the median list price for Half Moon Bay, CA is $2,724,500 with the market action index hovering around 32. This is less than last month's market action index of 38. Inventory has increased to 16. Click here to stay informed with the Half Moon Bay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Half Moon Bay, CA

Thu Mar 28 2024
This week the median list price for Half Moon Bay, CA is $2,724,500 with the market action index hovering around 32. This is less than last month's market action index of 38. Inventory has increased to 16. Click here to stay informed with the Half Moon Bay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Half Moon Bay market.
Median List Price $2,724,500
Median Price of New Listings $1,685,000
Per Square Foot $937
Average Days on Market 124
Median Days on Market 140
Price Decreased 38%
Price Increased 6%
Relisted 19%
Inventory 16
Median Rent
Market Action 32
Slight Seller's Advantage

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,325,000 3,345 10 - 20 acres 5 4.5 33 0 0 31
$3,350,000 3,740 0.25 - 0.5 acre 4 3.5 11 0 0 178
$1,812,000 2,529 6,500 - 8,000 sqft 4 3 24 0 2 133
$1,567,500 1,960 6,500 - 8,000 sqft 3 2.8 51 1 0 168