RE/MAX Accord's Market Report

Lafayette, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Lafayette, CA

Thu Feb 21 2019
This week the median list price for Lafayette, CA is $2,150,000 with the market action index hovering around 46. This is less than last month's market action index of 52. Inventory has held steady at or around 33. 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 cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lafayette, CA

Thu Feb 21 2019
This week the median list price for Lafayette, CA is $2,150,000 with the market action index hovering around 46. This is less than last month's market action index of 52. Inventory has held steady at or around 33. 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 cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $2,150,000
Per Square Foot $651
Days on Market 81
Price Decreased 30%
Price Increased 6%
Relisted 24%
Inventory 33
Median House Rent $5,750
Most Expensive $3,997,000
Least Expensive $1,125,000
Market Action Index
Strong Seller's Market
46

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
$3,820,000 4,103 1 - 2.5 acres 4 4 13 1 0 95
$2,397,000 3,612 0.5 - 1 acre 5 4 37 2 2 71
$1,829,500 3,882 0.5 - 1 acre 5 4 42 2 0 117
$1,395,000 2,233 0.25 - 0.5 acre 4 3 55 4 5 45