Altos Research

Chowchilla, CA

Single-Family Homes

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



Chowchilla, CA

Fri Feb 22 2019
This week the median list price for Chowchilla, CA is $259,500 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 32. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Chowchilla, CA

Fri Feb 22 2019
This week the median list price for Chowchilla, CA is $259,500 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 32. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Chowchilla market.
Median List Price $259,500
Per Square Foot $140
Days on Market 133
Price Decreased 53%
Price Increased 0%
Relisted 22%
Inventory 32
Median House Rent $800
Most Expensive $430,000
Least Expensive $115,000
Market Action Index
Slight Seller's Advantage
35

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
$337,400 2,240 8,000 - 10,000 sqft 4 2 14 0 1 92
$277,500 1,934 6,500 - 8,000 sqft 3 2 19 0 0 109
$242,000 1,822 6,500 - 8,000 sqft 3 2 45 0 1 211
$152,450 1,066 6,500 - 8,000 sqft 2 1 67 1 0 119