Housing Market Report

Cypress, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Cypress, CA

Fri Nov 15 2019
This week the median list price for Cypress, CA is $824,900 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has held steady at or around 33. Click here to stay informed with the Cypress market!

Market Action Index

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

Strong Seller's Market

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.

Cypress, CA

Fri Nov 15 2019
This week the median list price for Cypress, CA is $824,900 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has held steady at or around 33. Click here to stay informed with the Cypress market!

Market Action Index

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

Strong Seller's Market

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 Cypress market.
Median List Price $824,900
Per Square Foot $398
Days on Market 52
Price Decreased 36%
Price Increased 3%
Relisted 9%
Inventory 33
Median Rent $2,875
Most Expensive $1,850,000
Least Expensive $459,000
Market Action 53
Strong Seller's Market

The market appears to be 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
$1,092,000 2,780 4,500 - 6,500 sqft 4 2 39 1 0 27
$878,888 2,425 4,500 - 6,500 sqft 4 2 50 1 2 95
$784,500 1,879 4,500 - 6,500 sqft 4 2 54 1 1 55
$615,000 1,301 4,500 - 6,500 sqft 3 1 55 3 2 31