RE/MAX Accord's Market Report

Martinez, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Martinez, CA

Tue Oct 19 2021
This week the median list price for Martinez, CA is $849,000 with the market action index hovering around 86. This is an increase over last month's market action index of 84. Inventory has decreased to 31. Click here to stay informed with the Martinez market!

Market Action Index

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

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.

Martinez, CA

Tue Oct 19 2021
This week the median list price for Martinez, CA is $849,000 with the market action index hovering around 86. This is an increase over last month's market action index of 84. Inventory has decreased to 31. Click here to stay informed with the Martinez market!

Market Action Index

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

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

Never miss important changes in the Martinez market.
Median List Price $849,000
Median Price of New Listings $899,000
Per Square Foot $508
Average Days on Market 31
Median Days on Market 21
Price Decreased 29%
Price Increased 3%
Relisted 6%
Inventory 31
Median Rent $2,950
Market Action 86
Strong Seller's Market

The market is 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
$1,550,000 2,880 1 - 2.5 acres 4 3 41 1 1 35
$899,450 2,057 6,500 - 8,000 sqft 4 3 43 5 2 0
$799,000 1,570 4,500 - 6,500 sqft 3 2 54 2 2 14
$692,499 1,306 4,500 - 6,500 sqft 3 2 73 1 5 24