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Shingle Springs, CA 95682

Single-Family Homes

folsomlakerealty.com


Shingle Springs, CA 95682

Tue Oct 15 2024
This week the median list price for Shingle Springs, CA 95682 is $774,500 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 56. Click here to stay informed with the Shingle Springs market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since 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.

Shingle Springs, CA 95682

Tue Oct 15 2024
This week the median list price for Shingle Springs, CA 95682 is $774,500 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 56. Click here to stay informed with the Shingle Springs market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since 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 Shingle Springs market.
Median List Price $774,500
Median Price of New Listings $700,000
Per Square Foot $329
Average Days on Market 112
Median Days on Market 67
Price Decreased 59%
Price Increased 2%
Relisted 13%
Inventory 56
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,524,500 3,572 5 - 10 acres 4 3.8 31 1 2 70
$899,000 2,917 0.25 - 0.5 acre 4 3 24 2 1 112
$697,250 2,140 0.25 - 0.5 acre 3 2.5 36 2 0 28
$561,500 1,688 0.25 - 0.5 acre 3 2 45 2 2 52