Justin Tye

Landers, CA

Single-Family Homes

Active Realty I REAL



Landers, CA

Sun Oct 06 2024
This week the median list price for Landers, CA is $319,900 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has decreased to 43. Click here to stay informed with the Landers market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Landers, CA

Sun Oct 06 2024
This week the median list price for Landers, CA is $319,900 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has decreased to 43. Click here to stay informed with the Landers market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Landers market.
Median List Price $319,900
Median Price of New Listings $199,000
Per Square Foot $357
Average Days on Market 128
Median Days on Market 112
Price Decreased 26%
Price Increased 0%
Relisted 16%
Inventory 43
Median Rent
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$507,000 1,293 2.5 - 5 acres 2 2 39 0 1 147
$389,900 1,216 5 - 10 acres 1 1 65 0 1 147
$260,000 480 5 - 10 acres 1 1 65 2 2 105
$98,500 400 5 - 10 acres 1 1 67 1 1 70