Justin Tye

Lancaster, CA

Single-Family Homes

Active Realty I REAL



Lancaster, CA

Thu Jun 20 2024
This week the median list price for Lancaster, CA is $550,000 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has increased to 252. Click here to stay informed with the Lancaster market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. 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.

Lancaster, CA

Thu Jun 20 2024
This week the median list price for Lancaster, CA is $550,000 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has increased to 252. Click here to stay informed with the Lancaster market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. 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 Lancaster market.
Median List Price $550,000
Median Price of New Listings $489,500
Per Square Foot $268
Average Days on Market 72
Median Days on Market 35
Price Decreased 34%
Price Increased 8%
Relisted 8%
Inventory 252
Median Rent
Market Action 50
Strong Seller's Market

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
$680,000 2,972 0.25 - 0.5 acre 4 3 20 4 5 63
$580,000 2,464 6,500 - 8,000 sqft 4 3 19 7 7 42
$499,999 1,880 6,500 - 8,000 sqft 4 2 33 8 12 35
$410,000 1,287 6,500 - 8,000 sqft 3 2 67 13 12 28