Justin Tye

Spring Valley, CA

Single-Family Homes

Active Realty I REAL



Spring Valley, CA

Thu Jun 20 2024
This week the median list price for Spring Valley, CA is $799,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has decreased to 41. Click here to stay informed with the Spring Valley market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Spring Valley, CA

Thu Jun 20 2024
This week the median list price for Spring Valley, CA is $799,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has decreased to 41. Click here to stay informed with the Spring Valley market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Spring Valley market.
Median List Price $799,000
Median Price of New Listings $895,000
Per Square Foot $538
Average Days on Market 48
Median Days on Market 28
Price Decreased 27%
Price Increased 7%
Relisted 7%
Inventory 41
Median Rent
Market Action 66
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$982,249 2,318 8,000 - 10,000 sqft 4 2.5 36 3 2 31
$849,950 1,610 0.25 - 0.5 acre 4 2 46 3 3 24
$786,500 1,389 6,500 - 8,000 sqft 3 2 58 3 4 28
$725,000 1,276 4,500 - 6,500 sqft 3 2 54 2 3 7