Pat Holkesvig

Galt, CA

Single-Family Homes

DRE No. 01393419



Galt, CA

Thu Sep 21 2023
This week the median list price for Galt, CA is $613,989 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has increased to 37. Click here to stay informed with the Galt 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.

Galt, CA

Thu Sep 21 2023
This week the median list price for Galt, CA is $613,989 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has increased to 37. Click here to stay informed with the Galt 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 Galt market.
Median List Price $613,989
Median Price of New Listings $648,500
Per Square Foot $303
Average Days on Market 60
Median Days on Market 42
Price Decreased 27%
Price Increased 16%
Relisted 3%
Inventory 37
Median Rent
Market Action 52
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
$1,200,000 2,658 10 - 20 acres 3 2.5 40 1 0 98
$649,000 2,369 8,000 - 10,000 sqft 4 3 9 3 3 35
$598,122 2,096 4,500 - 6,500 sqft 3 2.5 0 0 0 42
$502,553 1,582 6,500 - 8,000 sqft 3 2.3 31 2 3 31