Intero's Market Report

Sheridan, CA

Single-Family Homes



Current active inventory in Sheridan, CA is very low. Keep this in mind when looking at this report.

Sheridan, CA

Mon May 17 2021
This week the median list price for Sheridan, CA is $402,500 with the market action index hovering around 33. This is an increase over last month's market action index of 25. Inventory has held steady at or around 2. Click here to stay informed with the Sheridan market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Sheridan, CA

Mon May 17 2021
This week the median list price for Sheridan, CA is $402,500 with the market action index hovering around 33. This is an increase over last month's market action index of 25. Inventory has held steady at or around 2. Click here to stay informed with the Sheridan market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sheridan market.
Median List Price $402,500
Median Price of New Listings $380,000
Per Square Foot $204
Average Days on Market 7
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$402,500 2,064 6,500 - 8,000 sqft 2 1 60 1 1 7
$425,000 2,579 8,000 - 10,000 sqft 2 1 72 0 0 14
$380,000 1,548 4,500 - 6,500 sqft 3 2 49 1 1 0