Justin Tye

Borrego Springs, CA

Single-Family Homes

Active Realty I REAL



Borrego Springs, CA

Fri May 24 2024
This week the median list price for Borrego Springs, CA is $382,499 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has decreased to 20. Click here to stay informed with the Borrego Springs 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 been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Borrego Springs, CA

Fri May 24 2024
This week the median list price for Borrego Springs, CA is $382,499 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has decreased to 20. Click here to stay informed with the Borrego Springs 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 been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Borrego Springs market.
Median List Price $382,499
Median Price of New Listings $0
Per Square Foot $241
Average Days on Market 147
Median Days on Market 56
Price Decreased 40%
Price Increased 0%
Relisted 5%
Inventory 20
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,750,000 4,409 0.25 - 0.5 acre 4 3 34 0 1 105
$409,000 2,305 0.5 - 1 acre 3 3 31 0 1 56
$369,990 1,408 6,500 - 8,000 sqft 2 2 35 0 0 42
$299,999 1,334 4,500 - 6,500 sqft 2 2 35 0 0 56