Justin Tye

Paramount, CA

Single-Family Homes

Active Realty I REAL



Paramount, CA

Wed Dec 11 2024
This week the median list price for Paramount, CA is $725,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has increased to 11. Click here to stay informed with the Paramount market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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.

Paramount, CA

Wed Dec 11 2024
This week the median list price for Paramount, CA is $725,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has increased to 11. Click here to stay informed with the Paramount market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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 Paramount market.
Median List Price $725,000
Median Price of New Listings $629,999
Per Square Foot $660
Average Days on Market 47
Median Days on Market 42
Price Decreased 45%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent
Market Action 49
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,280,000 2,545 6,500 - 8,000 sqft 4 3 65 0 0 73
$759,000 1,826 4,500 - 6,500 sqft 3 2 19 0 0 42
$669,500 867 0 - 4,500 sqft 2 2 59 1 0 7
$629,999 924 0 - 4,500 sqft 3 1 71 2 1 56