Concierge Real Estate Services, Inc. Market Report

Chowchilla, CA

Single-Family Homes

(209) 742-4580 | www.findyosemiteareahomes.com



Chowchilla, CA

Thu Jan 20 2022
This week the median list price for Chowchilla, CA is $434,310 with the market action index hovering around 49. This is less than last month's market action index of 53. Inventory has decreased to 16. Click here to stay informed with the Chowchilla market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Chowchilla, CA

Thu Jan 20 2022
This week the median list price for Chowchilla, CA is $434,310 with the market action index hovering around 49. This is less than last month's market action index of 53. Inventory has decreased to 16. Click here to stay informed with the Chowchilla market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Chowchilla market.
Median List Price $434,310
Median Price of New Listings $392,000
Per Square Foot $224
Average Days on Market 73
Median Days on Market 35
Price Decreased 13%
Price Increased 25%
Relisted 0%
Inventory 16
Median Rent $1,800
Market Action 49
Strong Seller's Market

Despite this week’s up 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
$550,200 2,862 0.25 - 0.5 acre 4 3 16 1 0 52
$454,450 2,177 8,000 - 10,000 sqft 3 2 23 0 0 56
$388,385 1,824 8,000 - 10,000 sqft 4 2.3 43 0 2 21
$267,000 1,077 6,500 - 8,000 sqft 2 1 63 1 0 56