RealTrends Market Report

California, CA

Single-Family Homes

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California, CA

Fri Mar 29 2024
This week the median list price for California, CA is $799,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 29,924. Click here to stay informed with the California market!

Market Action Index

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

Strong Seller's Market

California, CA

Fri Mar 29 2024
This week the median list price for California, CA is $799,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 29,924. Click here to stay informed with the California market!

Market Action Index

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

Strong Seller's Market

Real-Time Market Profile

Never miss important changes in the California market.
Median List Price $799,000
Median Price of New Listings $799,000
Per Square Foot $420
Average Days on Market 91
Median Days on Market 42
Price Decreased 23%
Price Increased 3%
Relisted 9%
Inventory 29,924
Median Rent
Market Action 49
Strong Seller's Market

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
$2,995,000 3,399 0.25 - 0.5 acre 4 4 37 1,019 918 56
$1,049,950 2,102 8,000 - 10,000 sqft 3 2.5 46 1,504 1,627 28
$640,000 1,940 6,500 - 8,000 sqft 3 2 33 1,337 1,494 35
$399,000 1,400 6,500 - 8,000 sqft 3 2 45 1,121 1,474 42