Joshua Tree Housing Market
Mon Feb 22 2021
This week the median list price for Joshua Tree, CA is $344,000 with the market action index hovering around 74. This is an increase over last month's market action index of 68. Inventory has held steady at or around 26.
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices.
Inventory
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
Median List Price
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.
Today’s housing market is a big win for sellers in Joshua Tree, but these conditions won’t last forever. If you’re in a position to sell your house in Joshua Tree now, you may not want to wait for your neighbors to do the same. Contact us 760-770-1555 for advice on how to sell your house safely so you’re able to benefit from today’s high demand and low inventory.