Justin Tye

Thermal, CA

Single-Family Homes

Active Realty I REAL



Thermal, CA

Fri Jun 21 2024
This week the median list price for Thermal, CA is $330,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 35. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Thermal, CA

Fri Jun 21 2024
This week the median list price for Thermal, CA is $330,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 35. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Thermal market.
Median List Price $330,000
Median Price of New Listings $370,000
Per Square Foot $226
Average Days on Market 145
Median Days on Market 98
Price Decreased 29%
Price Increased 3%
Relisted 11%
Inventory 35
Median Rent
Market Action 35
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
$1,712,500 2,804 0.5 - 1 acre 3 3.3 34 0 1 322
$365,000 1,700 0.25 - 0.5 acre 3 2 25 1 0 98
$325,000 1,550 0.25 - 0.5 acre 3 2 19 0 1 49
$250,000 1,200 0.25 - 0.5 acre 3 2 35 0 1 49