Housing Market Report

Cypress, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Cypress, CA

Sun Jul 21 2019
This week the median list price for Cypress, CA is $782,500 with the market action index hovering around 56. This is less than last month's market action index of 64. Inventory has held steady at or around 40. Click here to stay informed with the Cypress market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cypress, CA

Sun Jul 21 2019
This week the median list price for Cypress, CA is $782,500 with the market action index hovering around 56. This is less than last month's market action index of 64. Inventory has held steady at or around 40. Click here to stay informed with the Cypress market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Cypress market.
Median List Price $782,500
Per Square Foot $394
Days on Market 48
Price Decreased 38%
Price Increased 3%
Relisted 10%
Inventory 40
Median House Rent $2,675
Most Expensive $1,295,000
Least Expensive $539,000
Market Action Index
Strong Seller's Market
56

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$899,925 2,643 4,500 - 6,500 sqft 4 2 49 2 1 90
$799,900 1,996 4,500 - 6,500 sqft 4 1 54 2 0 54
$744,000 1,666 4,500 - 6,500 sqft 4 1 51 2 1 29
$679,500 1,528 4,500 - 6,500 sqft 3 1 53 2 2 18