Wed Sep 22 2021
This week the median list price for Sheridan, CA is $495,900 with the market action index hovering around 36. This is an increase over last month's market action index of 29. Inventory has increased to 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$495,900|
|Median Price of New Listings||$0|
|Per Square Foot||$281|
|Average Days on Market||56|
|Median Days on Market||21|
|Slight Seller's Advantage|
The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$495,900||2,363||10 - 20 acres||3||3||49||0||0||21|
|$799,000||2,363||10 - 20 acres||3||3||30||0||0||21|
|$495,900||1,760||10 - 20 acres||3||3||49||0||0||7|
|$425,000||2,579||8,000 - 10,000 sqft||2||1||72||0||0||140|