Justin Tye

Thermal, CA

Single-Family Homes

Active Realty I REAL



Thermal, CA

Fri May 24 2024
This week the median list price for Thermal, CA is $330,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has increased to 38. Click here to stay informed with the Thermal market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Thermal, CA

Fri May 24 2024
This week the median list price for Thermal, CA is $330,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has increased to 38. Click here to stay informed with the Thermal market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Thermal market.
Median List Price $330,000
Median Price of New Listings $330,000
Per Square Foot $228
Average Days on Market 164
Median Days on Market 84
Price Decreased 18%
Price Increased 8%
Relisted 11%
Inventory 38
Median Rent
Market Action 36
Slight Seller'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
$1,725,000 2,256 0.5 - 1 acre 3 3.5 34 0 1 203
$349,999 1,700 0.25 - 0.5 acre 3 2 35 3 1 77
$322,450 1,533 8,000 - 10,000 sqft 3 2 19 1 1 87
$259,000 1,225 0.25 - 0.5 acre 3 2 27 3 2 21