Justin Tye

Artesia, CA

Single-Family Homes

Active Realty I REAL



Artesia, CA

Fri May 24 2024
This week the median list price for Artesia, CA is $957,000 with the market action index hovering around 57. This is less than last month's market action index of 65. Inventory has held steady at or around 6. Click here to stay informed with the Artesia market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Artesia, CA

Fri May 24 2024
This week the median list price for Artesia, CA is $957,000 with the market action index hovering around 57. This is less than last month's market action index of 65. Inventory has held steady at or around 6. Click here to stay informed with the Artesia market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Artesia market.
Median List Price $957,000
Median Price of New Listings $1,062,000
Per Square Foot $618
Average Days on Market 65
Median Days on Market 35
Price Decreased 17%
Price Increased 50%
Relisted 17%
Inventory 6
Median Rent
Market Action 57
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,617,000 2,809 6,500 - 8,000 sqft 7 4 107 0 0 35
$1,275,000 1,850 0.25 - 0.5 acre 3 2 66 1 0 0
$957,000 1,850 4,500 - 6,500 sqft 3 2.5 64 0 0 140
$862,000 1,183 4,500 - 6,500 sqft 3 2 71 1 1 38