RE/MAX Accord's Market Report

Bay Point, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Bay Point, CA

Wed Oct 04 2023
This week the median list price for Bay Point, CA is $650,000 with the market action index hovering around 76. This is an increase over last month's market action index of 73. Inventory has increased to 10. Click here to stay informed with the Bay Point market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bay Point, CA

Wed Oct 04 2023
This week the median list price for Bay Point, CA is $650,000 with the market action index hovering around 76. This is an increase over last month's market action index of 73. Inventory has increased to 10. Click here to stay informed with the Bay Point market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bay Point market.
Median List Price $650,000
Median Price of New Listings $650,000
Per Square Foot $353
Average Days on Market 15
Median Days on Market 4
Price Decreased 20%
Price Increased 10%
Relisted 10%
Inventory 10
Median Rent
Market Action 76
Strong Seller's Market

The market seems to have paused around this plateau. 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
$971,500 3,229 8,000 - 10,000 sqft 5 4 15 1 0 10
$893,944 3,456 8,000 - 10,000 sqft 5 3.3 11 1 0 21
$650,000 1,579 4,500 - 6,500 sqft 4 3 35 1 1 21
$603,000 1,359 4,500 - 6,500 sqft 3 2 40 2 1 0