Intero's Market Report

Colfax, CA

Single-Family Homes



Colfax, CA

Thu Jan 21 2021
This week the median list price for Colfax, CA is $524,950 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 21. Click here to stay informed with the Colfax market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Colfax, CA

Thu Jan 21 2021
This week the median list price for Colfax, CA is $524,950 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 21. Click here to stay informed with the Colfax market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Colfax market.
Median List Price $524,950
Per Square Foot $254
Days on Market 98
Price Decreased 29%
Price Increased 5%
Relisted 10%
Inventory 21
Median Rent
Most Expensive $1,999,000
Least Expensive $219,900
Market Action 45
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
$785,000 3,377 10 - 20 acres 4 3 18 2 1 114
$619,000 2,523 1 - 2.5 acres 3 3 18 1 1 82
$395,000 1,440 8,000 - 10,000 sqft 3 2 58 1 1 77
$342,500 1,527 1 - 2.5 acres 3 2 42 0 1 113