Justin Tye

Newberry Springs, CA

Single-Family Homes

Active Realty I REAL



Newberry Springs, CA

Thu Jun 20 2024
This week the median list price for Newberry Springs, CA is $225,888 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has increased to 27. Click here to stay informed with the Newberry Springs market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Newberry Springs, CA

Thu Jun 20 2024
This week the median list price for Newberry Springs, CA is $225,888 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has increased to 27. Click here to stay informed with the Newberry Springs market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Newberry Springs market.
Median List Price $225,888
Median Price of New Listings $392,450
Per Square Foot $157
Average Days on Market 249
Median Days on Market 161
Price Decreased 41%
Price Increased 0%
Relisted 7%
Inventory 27
Median Rent
Market Action 24
Slight Buyer's Advantage

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
$482,500 1,911 10 - 20 acres 3 2 36 1 0 150
$269,000 1,344 10 - 20 acres 3 2 38 0 0 315
$180,000 1,195 2.5 - 5 acres 2 1 69 0 0 154
$139,000 1,257 5 - 10 acres 3 2 47 1 0 133