Sheryl Smith's "How's the Market?" Report

Rancho Cordova, CA 95670

Single-Family Homes

Smith Real Estate Services I Broker, Realtor #01381095 I 916-472-0103



Rancho Cordova, CA 95670

Fri Apr 12 2024
This week the median list price for Rancho Cordova, CA 95670 is $471,950 with the market action index hovering around 71. This is an increase over last month's market action index of 63. Inventory has held steady at or around 18. Click here to stay informed with the Rancho Cordova 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.

Rancho Cordova, CA 95670

Fri Apr 12 2024
This week the median list price for Rancho Cordova, CA 95670 is $471,950 with the market action index hovering around 71. This is an increase over last month's market action index of 63. Inventory has held steady at or around 18. Click here to stay informed with the Rancho Cordova 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 Rancho Cordova market.
Median List Price $471,950
Median Price of New Listings $469,900
Per Square Foot $364
Average Days on Market 37
Median Days on Market 14
Price Decreased 33%
Price Increased 6%
Relisted 6%
Inventory 18
Median Rent
Market Action 71
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$535,950 1,783 8,000 - 10,000 sqft 3 2.3 64 1 0 105
$499,500 1,488 6,500 - 8,000 sqft 3 2 51 1 1 10
$444,000 1,085 6,500 - 8,000 sqft 3 1.5 65 2 1 21
$415,000 1,144 6,500 - 8,000 sqft 3 2 65 3 3 0