Justin Tye
Lytle Creek, CA
Single-Family Homes
Active Realty I REAL
Lytle Creek, CA
Sat Jul 27 2024
This week the median list price for Lytle Creek, CA is $420,000 with the market action index hovering around 27. This is an increase over last month's market action index of 18. Inventory has decreased to 5.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.
Real-Time Market Profile
| Median List Price | $420,000 | |
| Median Price of New Listings | $570,000 | |
| Per Square Foot | $389 | |
| Average Days on Market | 84 | |
| Median Days on Market | 91 | |
| Price Decreased | 60% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 5 | |
| Median Rent | ||
| Market Action | 27 | |
| Slight Buyer's Advantage | ||
Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.
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 |
|---|---|---|---|---|---|---|---|---|
| $570,000 | 540 | 0.25 - 0.5 acre | 1 | 1 | 86 | 1 | 1 | 0 |
| $434,500 | 864 | 6,500 - 8,000 sqft | 2 | 1 | 63 | 0 | 0 | 35 |
| $420,000 | 1,078 | 6,500 - 8,000 sqft | 1 | 1 | 94 | 0 | 0 | 147 |
| $252,000 | 914 | 4,500 - 6,500 sqft | 2 | 1 | 94 | 0 | 0 | 119 |