RE/MAX Accord's Market Report

Martinez, CA

Single-Family Homes

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Martinez, CA

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Martinez, CA

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Martinez market.
Median List Price $692,000
Per Square Foot $381
Days on Market 41
Price Decreased 34%
Price Increased 0%
Relisted 8%
Inventory 38
Median House Rent $2,800
Most Expensive $2,595,000
Least Expensive $299,900
Market Action Index
Strong Seller's Market
60

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
$995,777 2,883 0.25 - 0.5 acre 5 2 27 3 2 22
$725,000 1,877 6,500 - 8,000 sqft 4 2 44 2 0 45
$627,000 1,645 0 - 4,500 sqft 3 2 37 2 3 49
$442,475 1,172 0 - 4,500 sqft 3 2 79 4 2 48