Sun Mar 07 2021
This week the median list price for Georgetown, CA is $357,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 8.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$357,000|
|Per Square Foot||$339|
|Days on Market||77|
|Strong Seller's Market|
The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,724,499||3,407||10 - 20 acres||3||4||17||1||0||122|
|$402,000||1,272||5 - 10 acres||3||2||28||0||0||35|
|$342,250||1,054||0.5 - 1 acre||2||1||17||0||0||105|
|$201,200||828||0.25 - 0.5 acre||1||1||77||1||0||45|