Intero's Market Report

Rancho Cordova, CA

Single-Family Homes



Rancho Cordova, CA

Thu Sep 16 2021
This week the median list price for Rancho Cordova, CA is $494,950 with the market action index hovering around 88. This is less than last month's market action index of 91. Inventory has increased to 62. Click here to stay informed with the Rancho Cordova market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rancho Cordova, CA

Thu Sep 16 2021
This week the median list price for Rancho Cordova, CA is $494,950 with the market action index hovering around 88. This is less than last month's market action index of 91. Inventory has increased to 62. Click here to stay informed with the Rancho Cordova market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Rancho Cordova market.
Median List Price $494,950
Median Price of New Listings $489,900
Per Square Foot $282
Average Days on Market 27
Median Days on Market 18
Price Decreased 42%
Price Increased 2%
Relisted 5%
Inventory 62
Median Rent $2,695
Market Action 88
Strong Seller's Market

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
$648,888 2,548 8,000 - 10,000 sqft 4 3 15 5 6 14
$549,999 1,968 4,500 - 6,500 sqft 3 2 15 4 7 14
$456,900 1,505 8,000 - 10,000 sqft 4 2 53 7 4 7
$395,500 1,366 6,500 - 8,000 sqft 3 2 60 5 6 28