Pango Group

Santa Paula, CA

Single-Family Homes

www.pangogroup.com



Santa Paula, CA

Sun May 26 2024
This week the median list price for Santa Paula, CA is $874,900 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has decreased to 21. 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.

Strong Seller's Market

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

Sun May 26 2024
This week the median list price for Santa Paula, CA is $874,900 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has decreased to 21. 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.

Strong Seller's Market

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 $874,900
Median Price of New Listings $513,000
Per Square Foot $648
Average Days on Market 76
Median Days on Market 56
Price Decreased 33%
Price Increased 0%
Relisted 14%
Inventory 21
Median Rent
Market Action 51
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$5,250,000 3,600 N/A 3 4 15 0 0 70
$2,400,000 2,995 5 - 10 acres 4 3 65 0 1 35
$779,000 1,951 4,500 - 6,500 sqft 4 2 4 0 1 63
$592,000 1,107 0 - 4,500 sqft 2 2 86 2 1 49