Sheryl Smith's "How's the Market?" Report

Fair Oaks, CA

Single-Family Homes

Smith Real Estate Services I Broker, Realtor #01381095 I 916-472-0103



Fair Oaks, CA

Sun Feb 09 2025
This week the median list price for Fair Oaks, CA is $749,500 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 55. Click here to stay informed with the Fair Oaks market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Fair Oaks, CA

Sun Feb 09 2025
This week the median list price for Fair Oaks, CA is $749,500 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 55. Click here to stay informed with the Fair Oaks market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Fair Oaks market.
Median List Price $749,500
Median Price of New Listings $639,500
Per Square Foot $341
Average Days on Market 77
Median Days on Market 63
Price Decreased 42%
Price Increased 4%
Relisted 13%
Inventory 55
Median Rent
Market Action 41
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,099,000 3,111 0.25 - 0.5 acre 4 3 36 0 1 119
$814,499 2,574 0.25 - 0.5 acre 4 3 45 1 0 66
$649,500 1,958 0.25 - 0.5 acre 3 2 51 2 4 49
$510,000 1,304 8,000 - 10,000 sqft 3 2 59 1 2 52