Pango Group

Santa Paula, CA

Single-Family Homes

www.pangogroup.com



Santa Paula, CA

Sat Jul 20 2024
This week the median list price for Santa Paula, CA is $1,199,000 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 18. Click here to stay informed with the Santa Paula market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Santa Paula, CA

Sat Jul 20 2024
This week the median list price for Santa Paula, CA is $1,199,000 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 18. Click here to stay informed with the Santa Paula market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Santa Paula market.
Median List Price $1,199,000
Median Price of New Listings $599,999
Per Square Foot $566
Average Days on Market 95
Median Days on Market 81
Price Decreased 28%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent
Market Action 43
Slight Seller's Advantage

This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a change in the 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
$5,272,500 4,061 N/A 3 4.5 23 0 0 136
$2,697,500 3,298 2.5 - 5 acres 3 3 93 0 2 98
$969,900 2,056 8,000 - 10,000 sqft 4 3 56 0 1 21
$709,000 1,687 4,500 - 6,500 sqft 4 3 4 1 1 77