Justin Tye

Silverado, CA

Single-Family Homes

Active Realty I REAL



Silverado, CA

Fri May 24 2024
This week the median list price for Silverado, CA is $881,950 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has decreased to 6. Click here to stay informed with the Silverado market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Silverado, CA

Fri May 24 2024
This week the median list price for Silverado, CA is $881,950 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has decreased to 6. Click here to stay informed with the Silverado market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Silverado market.
Median List Price $881,950
Median Price of New Listings $989,900
Per Square Foot $645
Average Days on Market 205
Median Days on Market 109
Price Decreased 50%
Price Increased 17%
Relisted 0%
Inventory 6
Median Rent
Market Action 44
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$3,300,000 4,199 0.25 - 0.5 acre 4 3.5 1 0 0 98
$2,999,000 4,199 0.25 - 0.5 acre 4 3.5 0 0 0 119
$881,950 1,910 0.25 - 0.5 acre 2 2 78 1 0 24
$518,449 1,048 4,500 - 6,500 sqft 3 1.5 92 0 0 483