Altos Research

Chowchilla, CA

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Chowchilla, CA

Tue Nov 13 2018
This week the median list price for Chowchilla, CA is $261,500 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 42. Click here to stay informed with the Chowchilla market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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.

Chowchilla, CA

Tue Nov 13 2018
This week the median list price for Chowchilla, CA is $261,500 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 42. Click here to stay informed with the Chowchilla market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 Chowchilla market.
Median List Price $261,500
Per Square Foot $141
Days on Market 85
Price Decreased 52%
Price Increased 0%
Relisted 10%
Inventory 42
Median House Rent $1,263
Most Expensive $479,000
Least Expensive $50,900
Market Action Index
Slight Seller's Advantage
36

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
$329,450 2,260 8,000 - 10,000 sqft 4 3 12 2 0 50
$292,000 2,121 6,500 - 8,000 sqft 3 2 14 0 1 93
$235,000 1,814 6,500 - 8,000 sqft 3 2 50 2 0 127
$155,000 1,020 6,500 - 8,000 sqft 2 1 72 2 1 66