Pat Holkesvig

Galt, CA

Single-Family Homes

DRE No. 01393419



Galt, CA

Wed May 22 2024
This week the median list price for Galt, CA is $612,950 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has decreased to 54. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Galt, CA

Wed May 22 2024
This week the median list price for Galt, CA is $612,950 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has decreased to 54. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Galt market.
Median List Price $612,950
Median Price of New Listings $587,000
Per Square Foot $316
Average Days on Market 58
Median Days on Market 35
Price Decreased 41%
Price Increased 11%
Relisted 4%
Inventory 54
Median Rent
Market Action 49
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
$925,000 2,652 1 - 2.5 acres 4 3 27 2 1 42
$652,817 2,372 6,500 - 8,000 sqft 4 3 0 0 1 56
$595,229 1,873 4,500 - 6,500 sqft 4 2.5 0 2 3 35
$482,500 1,396 6,500 - 8,000 sqft 3 2 30 2 2 21