Barsam & Associates

Apple Valley, CA 92308

Single-Family Homes

T: 877-522-7726 | www.barsaminc.com | DRE 01871779



Apple Valley, CA 92308

Sat Jul 20 2024
This week the median list price for Apple Valley, CA 92308 is $457,500 with the market action index hovering around 46. This is less than last month's market action index of 49. Inventory has increased to 136. Click here to stay informed with the Apple Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Apple Valley, CA 92308

Sat Jul 20 2024
This week the median list price for Apple Valley, CA 92308 is $457,500 with the market action index hovering around 46. This is less than last month's market action index of 49. Inventory has increased to 136. Click here to stay informed with the Apple Valley market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Apple Valley market.
Median List Price $457,500
Median Price of New Listings $399,900
Per Square Foot $252
Average Days on Market 56
Median Days on Market 42
Price Decreased 40%
Price Increased 2%
Relisted 4%
Inventory 136
Median Rent
Market Action 46
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$649,975 2,972 0.5 - 1 acre 4 3 18 4 3 31
$502,500 2,049 0.5 - 1 acre 3 2 20 4 1 49
$417,166 1,582 0.25 - 0.5 acre 3 2 37 6 1 35
$348,724 1,330 4,500 - 6,500 sqft 2 2 32 11 4 35