Intero's Market Report
Knightsen, CA
Single-Family Homes
Knightsen, CA
Thu Sep 21 2023
This week the median list price for Knightsen, CA is $1,524,500 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has increased to 2.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
In a Buyer’s market, the relative stasis in inventory and sales conditions has allowed prices to drift lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $1,524,500 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $598 | |
| Average Days on Market | 42 | |
| Median Days on Market | 42 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 2 | |
| Median Rent | ||
| Market Action | 18 | |
| Slight Buyer's Advantage | ||
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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 |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $2,500,000 | 0 | 10 - 20 acres | 5 | 4 | 10 | 0 | 0 | 63 |
| $549,000 | 918 | 4,500 - 6,500 sqft | 2 | 2 | 113 | 0 | 0 | 21 |