Justin Tye

Cedar Glen, CA

Single-Family Homes

Active Realty I REAL



Cedar Glen, CA

Fri May 24 2024
This week the median list price for Cedar Glen, CA is $537,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 10. Click here to stay informed with the Cedar Glen market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cedar Glen, CA

Fri May 24 2024
This week the median list price for Cedar Glen, CA is $537,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 10. Click here to stay informed with the Cedar Glen market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Cedar Glen market.
Median List Price $537,000
Median Price of New Listings $499,000
Per Square Foot $318
Average Days on Market 211
Median Days on Market 60
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 41
Slight Seller's Advantage

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
$1,150,000 3,422 0.5 - 1 acre 4 3 55 0 0 224
$659,500 2,074 4,500 - 6,500 sqft 4 2 44 0 0 45
$499,000 1,230 4,500 - 6,500 sqft 3 2 61 1 1 49
$425,000 1,245 0 - 4,500 sqft 3 1 61 0 0 308