Pat Holkesvig

Lockeford, CA

Single-Family Homes

DRE No. 01393419


Lockeford, CA

Wed Jan 15 2025
This week the median list price for Lockeford, CA is $499,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 5. Click here to stay informed with the Lockeford market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Lockeford, CA

Wed Jan 15 2025
This week the median list price for Lockeford, CA is $499,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 5. Click here to stay informed with the Lockeford market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Lockeford market.
Median List Price $499,900
Median Price of New Listings $0
Per Square Foot $270
Average Days on Market 88
Median Days on Market 70
Price Decreased 60%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 43
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$584,000 1,659 0.25 - 0.5 acre 3 2 77 0 0 49
$529,000 2,018 0.25 - 0.5 acre 3 2 49 0 0 70
$499,900 1,850 8,000 - 10,000 sqft 3 2 37 0 0 105
$437,450 1,469 4,500 - 6,500 sqft 2 1.5 73 0 0 108