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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$529,000|
|Per Square Foot||$390|
|Days on Market||52|
|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.
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|