Justin Tye

Twentynine Palms, CA

Single-Family Homes

Active Realty I REAL



Twentynine Palms, CA

Fri May 24 2024
This week the median list price for Twentynine Palms, CA is $299,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 179. Click here to stay informed with the Twentynine Palms market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Twentynine Palms, CA

Fri May 24 2024
This week the median list price for Twentynine Palms, CA is $299,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 179. Click here to stay informed with the Twentynine Palms market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Twentynine Palms market.
Median List Price $299,000
Median Price of New Listings $271,450
Per Square Foot $257
Average Days on Market 132
Median Days on Market 70
Price Decreased 36%
Price Increased 2%
Relisted 8%
Inventory 179
Median Rent
Market Action 35
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$592,000 1,760 2.5 - 5 acres 3 2 61 2 0 94
$350,000 1,477 0.25 - 0.5 acre 3 2 46 4 3 28
$275,000 1,046 8,000 - 10,000 sqft 2 1 65 6 8 63
$130,000 480 5 - 10 acres 1 1 66 4 3 126