RE/MAX Accord's Market Report

Lafayette, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Lafayette, CA

Wed Oct 24 2018
This week the median list price for Lafayette, CA is $1,875,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 57. Click here to stay informed with the Lafayette 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

Strong Seller's Market

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Lafayette, CA

Wed Oct 24 2018
This week the median list price for Lafayette, CA is $1,875,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 57. Click here to stay informed with the Lafayette 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

Strong Seller's Market

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $1,875,000
Per Square Foot $583
Days on Market 96
Price Decreased 54%
Price Increased 2%
Relisted 23%
Inventory 57
Median House Rent
Most Expensive $9,975,000
Least Expensive $840,000
Market Action Index
Strong Seller's Market
47

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$3,535,000 5,029 1 - 2.5 acres 5 4 27 2 2 108
$2,262,499 3,822 0.5 - 1 acre 4 3 37 0 0 57
$1,582,500 3,069 0.5 - 1 acre 4 3 51 2 3 182
$1,195,000 2,281 0.25 - 0.5 acre 4 3 60 2 5 40