Single-Family Homes
Fri Jul 26 2024
This week the median list price for Nipton, CA is $750,000 with the market action index hovering around 18. This is less than last month's market action index of 30. Inventory has held steady at or around 1.
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 | $750,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $474 | |
Average Days on Market | 343 | |
Median Days on Market | 343 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 1 | |
Median Rent | ||
Market Action | 18 | |
Slight Buyer's Advantage |
Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
$750,000 | 1,580 | N/A | 2 | 2 | 26 | 0 | 0 | 343 |