REAL-TIME MARKET NUMBERS

Nipomo, CA 93444

Single-Family Homes

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Nipomo, CA 93444

Mon May 17 2021
This week the median list price for Nipomo, CA 93444 is $889,000 with the market action index hovering around 72. This is less than last month's market action index of 81. Inventory has decreased to 21. Click here to stay informed with the Nipomo market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Nipomo, CA 93444

Mon May 17 2021
This week the median list price for Nipomo, CA 93444 is $889,000 with the market action index hovering around 72. This is less than last month's market action index of 81. Inventory has decreased to 21. Click here to stay informed with the Nipomo market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Nipomo market.
Median List Price $889,000
Median Price of New Listings $775,000
Per Square Foot $438
Average Days on Market 44
Median Days on Market 7
Price Decreased 10%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent $3,300
Market Action 72
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$2,699,000 4,258 2.5 - 5 acres 4 4 17 2 1 56
$1,075,000 2,558 0.5 - 1 acre 4 3 24 1 2 7
$775,000 2,013 8,000 - 10,000 sqft 3 3 21 3 1 0
$649,500 1,492 4,500 - 6,500 sqft 3 2 24 3 0 3