Pango Group

Port Hueneme, CA

Single-Family Homes

www.pangogroup.com



Port Hueneme, CA

Sat Apr 13 2024
This week the median list price for Port Hueneme, CA is $769,000 with the market action index hovering around 77. This is less than last month's market action index of 83. Inventory has increased to 5. Click here to stay informed with the Port Hueneme market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Port Hueneme, CA

Sat Apr 13 2024
This week the median list price for Port Hueneme, CA is $769,000 with the market action index hovering around 77. This is less than last month's market action index of 83. Inventory has increased to 5. Click here to stay informed with the Port Hueneme market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Port Hueneme market.
Median List Price $769,000
Median Price of New Listings $660,000
Per Square Foot $470
Average Days on Market 27
Median Days on Market 0
Price Decreased 20%
Price Increased 20%
Relisted 0%
Inventory 5
Median Rent
Market Action 77
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$975,000 2,030 4,500 - 6,500 sqft 3 2 44 1 0 0
$789,000 1,619 4,500 - 6,500 sqft 4 2 66 0 0 84
$769,000 1,888 0 - 4,500 sqft 4 3 21 0 0 49
$585,000 1,291 0 - 4,500 sqft 2 2 57 2 1 0