Intero's Market Report

Carmichael, CA

Single-Family Homes



Carmichael, CA

Mon May 17 2021
This week the median list price for Carmichael, CA is $642,475 with the market action index hovering around 87. This is less than last month's market action index of 92. Inventory has increased to 64. Click here to stay informed with the Carmichael 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.

Carmichael, CA

Mon May 17 2021
This week the median list price for Carmichael, CA is $642,475 with the market action index hovering around 87. This is less than last month's market action index of 92. Inventory has increased to 64. Click here to stay informed with the Carmichael 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 Carmichael market.
Median List Price $642,475
Median Price of New Listings $597,000
Per Square Foot $317
Average Days on Market 39
Median Days on Market 7
Price Decreased 14%
Price Increased 2%
Relisted 0%
Inventory 64
Median Rent $1,990
Market Action 87
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 significantly from here.

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
$1,725,000 4,090 0.5 - 1 acre 4 4 39 1 1 17
$749,975 2,433 0.25 - 0.5 acre 4 2 43 5 3 14
$599,450 1,952 0.25 - 0.5 acre 4 2 56 10 5 0
$471,249 1,491 8,000 - 10,000 sqft 3 2 63 8 8 3