Justin Tye

Downey, CA

Single-Family Homes

Active Realty I REAL



Downey, CA

Fri May 24 2024
This week the median list price for Downey, CA is $999,998 with the market action index hovering around 74. This is an increase over last month's market action index of 71. Inventory has increased to 35. Click here to stay informed with the Downey market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Downey, CA

Fri May 24 2024
This week the median list price for Downey, CA is $999,998 with the market action index hovering around 74. This is an increase over last month's market action index of 71. Inventory has increased to 35. Click here to stay informed with the Downey market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Downey market.
Median List Price $999,998
Median Price of New Listings $999,998
Per Square Foot $581
Average Days on Market 37
Median Days on Market 21
Price Decreased 23%
Price Increased 6%
Relisted 14%
Inventory 35
Median Rent
Market Action 74
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,824,475 3,646 8,000 - 10,000 sqft 5 5.5 44 4 1 21
$1,250,000 1,927 6,500 - 8,000 sqft 4 3 72 3 2 7
$949,900 1,628 4,500 - 6,500 sqft 3 2 74 4 2 35
$765,000 1,225 4,500 - 6,500 sqft 3 1 74 4 2 21