Real Estate Market Report

Bellflower, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Bellflower, CA

Sun May 26 2019
This week the median list price for Bellflower, CA is $572,450 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 44. Click here to stay informed with the Bellflower market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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.

Bellflower, CA

Sun May 26 2019
This week the median list price for Bellflower, CA is $572,450 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 44. Click here to stay informed with the Bellflower market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 Bellflower market.
Median List Price $572,450
Per Square Foot $387
Days on Market 90
Price Decreased 36%
Price Increased 11%
Relisted 9%
Inventory 44
Median House Rent $1,600
Most Expensive $965,000
Least Expensive $450,000
Market Action Index
Strong Seller's Market
45

The market is hovering around this plateau. Look for a persistent change 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
$753,995 2,327 8,000 - 10,000 sqft 4 1 61 0 0 150
$589,900 1,508 4,500 - 6,500 sqft 3 1 66 1 1 78
$560,000 1,452 4,500 - 6,500 sqft 3 1 67 3 4 48
$499,000 1,157 6,500 - 8,000 sqft 3 0 69 3 5 82