RE/MAX Accord's Market Report

Lafayette, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Lafayette, CA

Mon Nov 18 2019
This week the median list price for Lafayette, CA is $1,737,250 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 44. Click here to stay informed with the Lafayette market!

Market Action Index

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

Slight Seller's Advantage

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

Mon Nov 18 2019
This week the median list price for Lafayette, CA is $1,737,250 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 44. Click here to stay informed with the Lafayette market!

Market Action Index

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

Slight Seller's Advantage

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 $1,737,250
Per Square Foot $650
Days on Market 109
Price Decreased 55%
Price Increased 0%
Relisted 7%
Inventory 44
Median Rent $3,900
Most Expensive $18,000,000
Least Expensive $659,000
Market Action 42
Slight Seller's Advantage

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
$3,320,100 4,291 1 - 2.5 acres 4 4 13 0 2 173
$2,148,800 3,613 0.5 - 1 acre 5 4 39 1 1 58
$1,695,000 3,052 0.5 - 1 acre 4 3 48 1 0 121
$1,249,500 2,045 0.25 - 0.5 acre 4 2 59 4 0 83