RE/MAX Accord's Market Report

Lafayette, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Lafayette, 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Lafayette, 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $1,999,000
Per Square Foot $589
Days on Market 172
Price Decreased 44%
Price Increased 4%
Relisted 16%
Inventory 25
Median House Rent $4,000
Most Expensive $6,595,000
Least Expensive $999,888
Market Action Index
Strong Seller's Market
51

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$3,495,000 4,952 0.5 - 1 acre 5 5 10 1 1 126
$2,337,500 3,505 0.5 - 1 acre 5 4 23 0 0 77
$1,982,500 4,442 0.5 - 1 acre 4 4 29 0 2 92
$1,495,000 3,354 0.5 - 1 acre 4 3 50 1 3 364