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

Mon Nov 18 2019
This week the median list price for Montrose, CA is $989,000 with the market action index hovering around 44. This is less than last month's market action index of 48. Inventory has held steady at or around 3. Click here to stay informed with the Montrose market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Montrose, CA

Mon Nov 18 2019
This week the median list price for Montrose, CA is $989,000 with the market action index hovering around 44. This is less than last month's market action index of 48. Inventory has held steady at or around 3. Click here to stay informed with the Montrose market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Montrose market.
Median List Price $989,000
Per Square Foot $613
Days on Market 14
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent $3,700
Most Expensive $1,100,000
Least Expensive $950,000
Market Action 44
Slight Seller's Advantage

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
$989,000 1,792 6,500 - 8,000 sqft 4 1 70 2 0 14
$1,100,000 1,792 8,000 - 10,000 sqft 3 0 66 1 0 0
$989,000 2,099 6,500 - 8,000 sqft 4 2 74 1 0 0
$950,000 1,080 6,500 - 8,000 sqft 4 1 70 0 0 42