RE/MAX Accord's Market Report

Martinez, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Martinez, CA

Wed Dec 11 2024
This week the median list price for Martinez, CA is $849,000 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has decreased to 36. Click here to stay informed with the Martinez market!

Market Action Index

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

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Martinez, CA

Wed Dec 11 2024
This week the median list price for Martinez, CA is $849,000 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has decreased to 36. Click here to stay informed with the Martinez market!

Market Action Index

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

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Martinez market.
Median List Price $849,000
Median Price of New Listings $559,944
Per Square Foot $485
Average Days on Market 93
Median Days on Market 53
Price Decreased 39%
Price Increased 6%
Relisted 19%
Inventory 36
Median Rent
Market Action 50
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
$2,395,000 4,139 1 - 2.5 acres 5 3 31 0 0 70
$1,050,000 2,143 6,500 - 8,000 sqft 4 2 66 0 1 49
$780,000 1,687 4,500 - 6,500 sqft 3 2 29 0 3 63
$585,000 1,205 4,500 - 6,500 sqft 3 2 83 2 2 49