Jason Farris

Madera, CA

Single-Family Homes

CADRE #01999186



Madera, CA

Sun Apr 14 2024
This week the median list price for Madera, CA is $499,043 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has decreased to 126. Click here to stay informed with the Madera market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Madera, CA

Sun Apr 14 2024
This week the median list price for Madera, CA is $499,043 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has decreased to 126. Click here to stay informed with the Madera market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Madera market.
Median List Price $499,043
Median Price of New Listings $519,900
Per Square Foot $256
Average Days on Market 87
Median Days on Market 49
Price Decreased 30%
Price Increased 10%
Relisted 9%
Inventory 126
Median Rent
Market Action 50
Strong Seller's Market

The market is 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
$819,900 2,964 0.5 - 1 acre 4 3 21 3 7 63
$550,984 2,419 4,500 - 6,500 sqft 4 3 3 3 5 77
$447,530 1,782 4,500 - 6,500 sqft 3 2 19 1 2 24
$375,865 1,382 4,500 - 6,500 sqft 3 2 39 4 10 21