Intero's Market Report

Rodeo, CA

Single-Family Homes



Rodeo, CA

Fri Oct 30 2020
This week the median list price for Rodeo, CA is $529,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has held steady at or around 9. Click here to stay informed with the Rodeo 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Rodeo, CA

Fri Oct 30 2020
This week the median list price for Rodeo, CA is $529,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has held steady at or around 9. Click here to stay informed with the Rodeo 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Rodeo market.
Median List Price $529,000
Per Square Foot $390
Days on Market 52
Price Decreased 11%
Price Increased 0%
Relisted 33%
Inventory 9
Median Rent $2,388
Most Expensive $599,000
Least Expensive $415,000
Market Action 65
Strong Seller's Market

This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

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
$569,000 1,398 4,500 - 6,500 sqft 3 2 60 1 2 3
$538,500 1,586 4,500 - 6,500 sqft 3 2 40 1 1 38
$489,000 1,297 4,500 - 6,500 sqft 2 1 45 0 1 28
$428,888 1,059 4,500 - 6,500 sqft 2 2 90 0 0 109