Housing Market Report

Artesia, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Artesia, CA

Thu Jan 23 2020
This week the median list price for Artesia, CA is $549,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 13. Click here to stay informed with the Artesia market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Artesia, CA

Thu Jan 23 2020
This week the median list price for Artesia, CA is $549,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 13. Click here to stay informed with the Artesia market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Artesia market.
Median List Price $549,900
Per Square Foot $505
Days on Market 67
Price Decreased 23%
Price Increased 0%
Relisted 15%
Inventory 13
Median Rent $1,695
Most Expensive $849,900
Least Expensive $369,900
Market Action 43
Slight Seller's Advantage

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.

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
$717,900 1,210 4,500 - 6,500 sqft 3 2 NaN 0 0 135
$619,000 1,442 4,500 - 6,500 sqft 4 2 NaN 1 0 35
$529,000 975 0 - 4,500 sqft 3 2 NaN 2 0 9
$389,950 702 0 - 4,500 sqft 1 1 NaN 0 1 84