RE/MAX Accord's Market Report

Lafayette, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Lafayette, CA

Fri Apr 23 2021
This week the median list price for Lafayette, CA is $2,495,000 with the market action index hovering around 79. This is an increase over last month's market action index of 68. Inventory has held steady at or around 27. 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

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

Fri Apr 23 2021
This week the median list price for Lafayette, CA is $2,495,000 with the market action index hovering around 79. This is an increase over last month's market action index of 68. Inventory has held steady at or around 27. 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

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 $2,495,000
Per Square Foot $724
Days on Market 21
Price Decreased 19%
Price Increased 0%
Relisted 4%
Inventory 27
Median Rent $4,700
Most Expensive $25,000,000
Least Expensive $1,395,000
Market Action 79
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$9,950,000 8,512 2.5 - 5 acres 5 7 27 0 0 122
$3,465,000 4,667 0.5 - 1 acre 5 5 29 2 1 21
$2,195,000 3,226 0.5 - 1 acre 5 4 63 2 1 14
$1,548,000 2,113 0.25 - 0.5 acre 3 3 68 4 2 0