Justin Tye

Cabazon, CA

Single-Family Homes

Active Realty I REAL



Cabazon, CA

Fri May 24 2024
This week the median list price for Cabazon, CA is $324,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has increased to 5. Click here to stay informed with the Cabazon market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. 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.

Cabazon, CA

Fri May 24 2024
This week the median list price for Cabazon, CA is $324,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has increased to 5. Click here to stay informed with the Cabazon market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. 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 Cabazon market.
Median List Price $324,000
Median Price of New Listings $249,500
Per Square Foot $289
Average Days on Market 71
Median Days on Market 49
Price Decreased 20%
Price Increased 20%
Relisted 20%
Inventory 5
Median Rent
Market Action 38
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$450,000 1,152 0.25 - 0.5 acre 3 2 50 0 0 161
$324,900 1,325 6,500 - 8,000 sqft 3 2 0 0 0 49
$324,000 1,120 6,500 - 8,000 sqft 3 2 41 1 0 0
$237,499 1,140 0.5 - 1 acre 2 1.5 56 1 0 73