Justin Tye

Walnut, CA

Single-Family Homes

Active Realty I REAL



Walnut, CA

Fri May 24 2024
This week the median list price for Walnut, CA is $1,598,000 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has increased to 34. Click here to stay informed with the Walnut 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 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.

Walnut, CA

Fri May 24 2024
This week the median list price for Walnut, CA is $1,598,000 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has increased to 34. Click here to stay informed with the Walnut 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 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 Walnut market.
Median List Price $1,598,000
Median Price of New Listings $1,398,000
Per Square Foot $600
Average Days on Market 56
Median Days on Market 32
Price Decreased 21%
Price Increased 9%
Relisted 3%
Inventory 34
Median Rent
Market Action 53
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,813,500 5,239 0.5 - 1 acre 5 6 12 0 0 49
$1,827,944 3,248 0.5 - 1 acre 4 4 27 1 0 45
$1,499,000 2,432 6,500 - 8,000 sqft 4 3 1 5 1 0
$1,150,000 2,050 8,000 - 10,000 sqft 4 3 43 3 3 7