Aptos, CA 95003 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market signal is the median sold price of 1,419,000, which represents the most reliable indicator of local value and recent transaction activity; paired with a comparatively higher median listing price of 1,632,500, this suggests some pricing friction as seller expectations appear elevated relative to completed sales (pricing gap between listing and sale) and may slow negotiated closings.
2. Liquidity appears muted: the median days on market is 215, which points to slower sales velocity and longer marketing periods for SFR and condo inventory; this duration may indicate buyers are more selective or that financing/affordability constraints are extending time-to-contract (slower transaction velocity).
3. Market direction shows upward pressure on values—price year-over-year trend is up—but the market temperature is neutral, so while recent sold prices are higher, transaction dynamics remain balanced rather than strongly one-sided; expect modest seller leverage where condition and pricing align (price growth with balanced conditions).
4. Financial and rental context is mixed: median price per square foot is 774 and median market rent is 3,500, while rent year-over-year trend is down and interest rate pressure is elevated; elevated rates at current local mortgage levels may be constraining buying power even as prices trend up, and softening rents could weigh on investor returns (elevated interest rate pressure).

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.