Intero's Market Report

Manteca, CA

Single-Family Homes



Manteca, CA

Mon Jun 24 2024
This week the median list price for Manteca, CA is $709,444 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has increased to 152. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Manteca, CA

Mon Jun 24 2024
This week the median list price for Manteca, CA is $709,444 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has increased to 152. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Manteca market.
Median List Price $709,444
Median Price of New Listings $642,510
Per Square Foot $317
Average Days on Market 44
Median Days on Market 28
Price Decreased 32%
Price Increased 8%
Relisted 3%
Inventory 152
Median Rent
Market Action 47
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$875,000 3,165 8,000 - 10,000 sqft 4 3 13 4 1 49
$749,387 2,574 6,500 - 8,000 sqft 4 3 6 5 3 38
$657,200 1,909 4,500 - 6,500 sqft 3 2.3 17 7 7 21
$523,940 1,443 4,500 - 6,500 sqft 3 2 45 12 10 21