Housing Market Report
Artesia, CA
Single-Family Homes
Michael Del Rosario | CerritosLiving.com
Artesia, CA
Fri Nov 15 2019
This week the median list price for Artesia, CA is $635,000 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has held steady at or around 13.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $635,000 | |
| Per Square Foot | $507 | |
| Days on Market | 79 | |
| Price Decreased | 38% | |
| Price Increased | 15% | |
| Relisted | 31% | |
| Inventory | 13 | |
| Median Rent | $2,699 | |
| Most Expensive | $849,900 | |
| Least Expensive | $350,000 | |
| Market Action | 47 | |
| Strong Seller's Market | ||
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.
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 |
|---|---|---|---|---|---|---|---|---|
| $829,900 | 1,927 | 4,500 - 6,500 sqft | 4 | 2 | 64 | 0 | 0 | 77 |
| $717,900 | 1,442 | 4,500 - 6,500 sqft | 4 | 2 | 57 | 1 | 1 | 74 |
| $599,000 | 1,112 | 0 - 4,500 sqft | 2 | 2 | 59 | 1 | 1 | 100 |
| $384,499 | 630 | 0 - 4,500 sqft | 2 | 1 | 68 | 2 | 0 | 66 |