Pat Holkesvig

Lockeford, CA

Single-Family Homes

DRE No. 01393419



Lockeford, CA

Wed Oct 04 2023
This week the median list price for Lockeford, CA is $687,250 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has decreased to 6. 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

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.

Lockeford, CA

Wed Oct 04 2023
This week the median list price for Lockeford, CA is $687,250 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has decreased to 6. 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

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 Lockeford market.
Median List Price $687,250
Median Price of New Listings $725,000
Per Square Foot $290
Average Days on Market 37
Median Days on Market 39
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 42
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
$1,450,000 2,900 5 - 10 acres 4 4.5 41 0 0 35
$1,395,000 3,394 2.5 - 5 acres 4 3 20 0 0 14
$687,250 2,431 0.25 - 0.5 acre 3 2.5 45 1 0 35
$463,750 1,676 4,500 - 6,500 sqft 3 2 36 0 1 52