RE/MAX Accord's Market Report

Martinez, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Martinez, CA

Thu Dec 26 2024
This week the median list price for Martinez, CA is $969,000 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has decreased to 31. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Martinez, CA

Thu Dec 26 2024
This week the median list price for Martinez, CA is $969,000 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has decreased to 31. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Martinez market.
Median List Price $969,000
Median Price of New Listings $969,000
Per Square Foot $484
Average Days on Market 88
Median Days on Market 63
Price Decreased 32%
Price Increased 0%
Relisted 10%
Inventory 31
Median Rent
Market Action 53
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,650,000 4,519 1 - 2.5 acres 5 3 19 0 0 84
$1,087,473 2,753 0.25 - 0.5 acre 4 2 75 1 3 77
$849,000 1,825 0 - 4,500 sqft 3 2 32 1 2 35
$669,000 1,082 4,500 - 6,500 sqft 2 2 65 1 3 38