Single-Family Homes
Sun Feb 09 2025
This week the median list price for Landers, CA is $325,000 with the market action index hovering around 22. This is less than last month's market action index of 24. Inventory has increased to 52.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Median List Price | $325,000 | |
Median Price of New Listings | $547,000 | |
Per Square Foot | $389 | |
Average Days on Market | 165 | |
Median Days on Market | 130 | |
Price Decreased | 23% | |
Price Increased | 2% | |
Relisted | 8% | |
Inventory | 52 | |
Median Rent | ||
Market Action | 22 | |
Slight Buyer's Advantage |
The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$599,000 | 1,300 | 2.5 - 5 acres | 2 | 2 | 55 | 2 | 0 | 91 |
$389,000 | 922 | 5 - 10 acres | 2 | 1 | 64 | 0 | 0 | 133 |
$265,000 | 624 | 5 - 10 acres | 1 | 1 | 64 | 0 | 0 | 231 |
$95,000 | 400 | 5 - 10 acres | 1 | 1 | 67 | 0 | 0 | 126 |