RE/MAX Accord's Market Report

Lafayette, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Lafayette, CA

Thu Mar 28 2024
This week the median list price for Lafayette, CA is $2,545,000 with the market action index hovering around 64. This is less than last month's market action index of 70. Inventory has increased to 28. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 Mar 28 2024
This week the median list price for Lafayette, CA is $2,545,000 with the market action index hovering around 64. This is less than last month's market action index of 70. Inventory has increased to 28. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 $2,545,000
Median Price of New Listings $2,441,500
Per Square Foot $910
Average Days on Market 30
Median Days on Market 7
Price Decreased 21%
Price Increased 0%
Relisted 11%
Inventory 28
Median Rent
Market Action 64
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. 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
$4,595,000 4,824 0.5 - 1 acre 5 6 12 2 1 35
$3,495,000 3,789 0.5 - 1 acre 4 4 41 2 1 14
$2,150,000 2,329 0.25 - 0.5 acre 4 3 57 6 1 0
$1,595,000 1,871 0.5 - 1 acre 4 2 68 2 3 14