Range Real Estate - Mark Pages-Oliver, MBA & Lisa Caldwell

Manteca, CA

Single-Family Homes

925 998 0676 www.rangehomes.com



Manteca, CA

Tue Oct 19 2021
This week the median list price for Manteca, CA is $648,200 with the market action index hovering around 83. This is about the same as last month's market action index of 83. Inventory has decreased to 79. 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

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.

Manteca, CA

Tue Oct 19 2021
This week the median list price for Manteca, CA is $648,200 with the market action index hovering around 83. This is about the same as last month's market action index of 83. Inventory has decreased to 79. 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

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 Manteca market.
Median List Price $648,200
Median Price of New Listings $539,999
Per Square Foot $310
Average Days on Market 32
Median Days on Market 14
Price Decreased 23%
Price Increased 6%
Relisted 5%
Inventory 79
Median Rent $2,073
Market Action 83
Strong Seller's Market

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
$975,000 2,850 0.25 - 0.5 acre 4 3 17 2 3 42
$722,495 2,681 6,500 - 8,000 sqft 4 3 14 7 6 21
$558,349 1,863 6,500 - 8,000 sqft 3 2 22 9 6 7
$455,000 1,195 6,500 - 8,000 sqft 3 2 57 9 6 7