Pat Holkesvig

Oakdale, CA

Single-Family Homes

DRE No. 01393419



Oakdale, CA

Wed Oct 04 2023
This week the median list price for Oakdale, CA is $600,250 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 64. Click here to stay informed with the Oakdale market!

Market Action Index

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

Slight Seller's Advantage

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.

Oakdale, CA

Wed Oct 04 2023
This week the median list price for Oakdale, CA is $600,250 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 64. Click here to stay informed with the Oakdale market!

Market Action Index

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

Slight Seller's Advantage

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 Oakdale market.
Median List Price $600,250
Median Price of New Listings $560,000
Per Square Foot $310
Average Days on Market 68
Median Days on Market 46
Price Decreased 33%
Price Increased 2%
Relisted 5%
Inventory 64
Median Rent
Market Action 44
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,112,500 2,869 1 - 2.5 acres 3 3 34 0 1 59
$693,714 2,460 6,500 - 8,000 sqft 4 3 19 5 2 56
$560,342 1,916 6,500 - 8,000 sqft 3 2 18 8 1 38
$422,000 1,288 4,500 - 6,500 sqft 3 2 46 5 3 7