Justin Tye

Joshua Tree, CA

Single-Family Homes

Active Realty I REAL



Joshua Tree, CA

Sun May 26 2024
This week the median list price for Joshua Tree, CA is $515,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has increased to 203. Click here to stay informed with the Joshua Tree 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.

Joshua Tree, CA

Sun May 26 2024
This week the median list price for Joshua Tree, CA is $515,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has increased to 203. Click here to stay informed with the Joshua Tree 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 Joshua Tree market.
Median List Price $515,000
Median Price of New Listings $639,000
Per Square Foot $406
Average Days on Market 135
Median Days on Market 84
Price Decreased 46%
Price Increased 1%
Relisted 13%
Inventory 203
Median Rent
Market Action 26
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
$1,024,995 1,787 2.5 - 5 acres 3 2 18 3 2 77
$640,000 1,474 1 - 2.5 acres 3 2 39 5 2 91
$450,000 1,155 0.25 - 0.5 acre 3 2 48 4 1 91
$339,900 925 0.25 - 0.5 acre 2 1 53 3 2 77