Jason Kardos' "How's the Market?" Report

Spring Valley, CA 91977

Single-Family Homes

jason.kardos@mthelixlifestyles.com | 619-347-6337 | DRE # 01324429


Spring Valley, CA 91977

Wed Jan 15 2025
This week the median list price for Spring Valley, CA 91977 is $849,450 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 42. Click here to stay informed with the Spring Valley market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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.

Spring Valley, CA 91977

Wed Jan 15 2025
This week the median list price for Spring Valley, CA 91977 is $849,450 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 42. Click here to stay informed with the Spring Valley market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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 Spring Valley market.
Median List Price $849,450
Median Price of New Listings $789,500
Per Square Foot $511
Average Days on Market 87
Median Days on Market 81
Price Decreased 55%
Price Increased 2%
Relisted 33%
Inventory 42
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$1,092,450 2,007 8,000 - 10,000 sqft 4 3 40 2 2 91
$869,499 1,815 6,500 - 8,000 sqft 4 3 47 0 0 42
$799,000 1,697 6,500 - 8,000 sqft 4 2 64 1 3 35
$699,000 1,341 4,500 - 6,500 sqft 3 2 48 3 2 105