Intero's Market Report

Farmington, CA

Single-Family Homes



Current active inventory in Farmington, CA is very low. Keep this in mind when looking at this report.

Farmington, CA

Tue Oct 19 2021
This week the median list price for Farmington, CA is $1,125,000 with the market action index hovering around 18. This is less than last month's market action index of 24. Inventory has held steady at or around 2. Click here to stay informed with the Farmington market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Farmington, CA

Tue Oct 19 2021
This week the median list price for Farmington, CA is $1,125,000 with the market action index hovering around 18. This is less than last month's market action index of 24. Inventory has held steady at or around 2. Click here to stay informed with the Farmington market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Farmington market.
Median List Price $1,125,000
Median Price of New Listings $0
Per Square Foot $525
Average Days on Market 102
Median Days on Market 102
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 18
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$1,125,000 2,154 N/A 2 2 80 0 0 101
$1,300,000 2,558 N/A 2 3 32 0 0 91
$950,000 1,750 N/A 3 2 129 0 0 112