RE/MAX Accord's Market Report
Hayward, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Hayward, 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
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $739,900 | |
| Per Square Foot | $453 | |
| Days on Market | 61 | |
| Price Decreased | 27% | |
| Price Increased | 5% | |
| Relisted | 17% | |
| Inventory | 113 | |
| Median House Rent | $2,450 | |
| Most Expensive | $4,000,000 | |
| Least Expensive | $161,000 | |
| Market Action Index Strong Seller's Market | 49 |
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,199,999 | 2,822 | 6,500 - 8,000 sqft | 4 | 3 | 14 | 3 | 5 | 78 |
| $799,000 | 1,823 | 4,500 - 6,500 sqft | 4 | 3 | 38 | 5 | 5 | 64 |
| $698,943 | 1,444 | 4,500 - 6,500 sqft | 3 | 2 | 62 | 4 | 5 | 56 |
| $579,900 | 1,179 | 4,500 - 6,500 sqft | 3 | 2 | 64 | 8 | 8 | 48 |