Pat Holkesvig

Ripon, CA

Single-Family Homes

DRE No. 01393419



Ripon, CA

Wed Oct 04 2023
This week the median list price for Ripon, CA is $849,900 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has increased to 13. Click here to stay informed with the Ripon market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Ripon, CA

Wed Oct 04 2023
This week the median list price for Ripon, CA is $849,900 with the market action index hovering around 65. This is less than last month's market action index of 68. Inventory has increased to 13. Click here to stay informed with the Ripon market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Ripon market.
Median List Price $849,900
Median Price of New Listings $1,237,500
Per Square Foot $358
Average Days on Market 87
Median Days on Market 21
Price Decreased 38%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent
Market Action 65
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
$1,850,000 1,692 10 - 20 acres 2 2 94 1 1 21
$997,000 3,280 0.5 - 1 acre 5 3 23 0 0 14
$670,000 1,986 6,500 - 8,000 sqft 3 2 30 0 1 21
$569,999 1,595 4,500 - 6,500 sqft 3 2 58 1 1 17