Single-Family Homes
Thu May 01 2025
This week the median list price for San Joaquin, CA is $665,000 with the market action index hovering around 30. This is an increase over last month's market action index of 23. Inventory has decreased to 2.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.
Median List Price | $665,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $350 | |
Average Days on Market | 284 | |
Median Days on Market | 284 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 2 | |
Median Rent | ||
Market Action | 30 | |
Slight Seller's Advantage |
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.
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 |
$1,000,000 | 2,300 | 10 - 20 acres | 3 | 2 | 80 | 0 | 0 | 518 |
$330,000 | 1,235 | 4,500 - 6,500 sqft | 3 | 2 | 24 | 0 | 0 | 49 |