Justin Tye

Cypress, CA

Single-Family Homes

Active Realty I REAL



Cypress, CA

Fri May 24 2024
This week the median list price for Cypress, CA is $1,198,888 with the market action index hovering around 77. This is an increase over last month's market action index of 76. Inventory has increased to 13. Click here to stay informed with the Cypress market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Cypress, CA

Fri May 24 2024
This week the median list price for Cypress, CA is $1,198,888 with the market action index hovering around 77. This is an increase over last month's market action index of 76. Inventory has increased to 13. Click here to stay informed with the Cypress market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cypress market.
Median List Price $1,198,888
Median Price of New Listings $1,199,444
Per Square Foot $631
Average Days on Market 33
Median Days on Market 14
Price Decreased 15%
Price Increased 8%
Relisted 15%
Inventory 13
Median Rent
Market Action 77
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
$1,528,000 2,915 4,500 - 6,500 sqft 5 3 39 0 1 49
$1,209,000 1,900 4,500 - 6,500 sqft 4 3 59 1 2 42
$1,088,000 1,456 6,500 - 8,000 sqft 4 3 52 1 0 7
$774,400 1,197 4,500 - 6,500 sqft 2 2 54 0 0 14