Pat Holkesvig

Manteca, CA

Single-Family Homes

DRE No. 01393419



Manteca, CA

Wed Oct 04 2023
This week the median list price for Manteca, CA is $634,900 with the market action index hovering around 52. This is less than last month's market action index of 56. Inventory has increased to 115. Click here to stay informed with the Manteca market!

Market Action Index

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

Strong Seller's Market

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.

Manteca, CA

Wed Oct 04 2023
This week the median list price for Manteca, CA is $634,900 with the market action index hovering around 52. This is less than last month's market action index of 56. Inventory has increased to 115. Click here to stay informed with the Manteca market!

Market Action Index

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

Strong Seller's Market

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 Manteca market.
Median List Price $634,900
Median Price of New Listings $619,998
Per Square Foot $314
Average Days on Market 48
Median Days on Market 28
Price Decreased 47%
Price Increased 4%
Relisted 6%
Inventory 115
Median Rent
Market Action 52
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. 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
$842,700 3,008 6,500 - 8,000 sqft 4 3.5 3 4 3 28
$677,122 2,341 6,500 - 8,000 sqft 4 3 5 1 6 49
$585,000 1,817 6,500 - 8,000 sqft 3 2 35 6 5 21
$455,000 1,296 4,500 - 6,500 sqft 3 2 44 2 3 28