Your Real Estate Market Update

Montrose, CA

Single-Family Homes

Arminé Ghevian ♦ 818-389-4465 ♦ DRE: 00945233



Current active inventory in Montrose, CA is very low. Keep this in mind when looking at this report.

Montrose, CA

Sat Dec 15 2018
This week the median list price for Montrose, CA is $963,800 with the market action index hovering around 37. This is less than last month's market action index of 42. Inventory has held steady at or around 2. Click here to stay informed with the Montrose market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Montrose, CA

Sat Dec 15 2018
This week the median list price for Montrose, CA is $963,800 with the market action index hovering around 37. This is less than last month's market action index of 42. Inventory has held steady at or around 2. Click here to stay informed with the Montrose market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Montrose market.
Median List Price $963,800
Per Square Foot $632
Days on Market 105
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median House Rent
Most Expensive $998,800
Least Expensive $928,800
Market Action Index
Slight Seller's Advantage
37

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$963,800 1,541 0.25 - 0.5 acre 3 1 90 0 0 105
$998,800 1,402 0.25 - 0.5 acre 3 1 86 0 0 14
$928,800 1,680 6,500 - 8,000 sqft 4 1 95 0 0 196