Your Bay Area Market Update

Martinez, CA

Single-Family Homes

SAMANTHA RODRIGUEZ | The Agency | 925.683.8947 | http://www.samanthastith.com



Martinez, CA

Fri Jan 21 2022
This week the median list price for Martinez, CA is $853,321 with the market action index hovering around 83. This is less than last month's market action index of 87. Inventory has decreased to 15. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Martinez, CA

Fri Jan 21 2022
This week the median list price for Martinez, CA is $853,321 with the market action index hovering around 83. This is less than last month's market action index of 87. Inventory has decreased to 15. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Martinez market.
Median List Price $853,321
Median Price of New Listings $825,000
Per Square Foot $538
Average Days on Market 49
Median Days on Market 0
Price Decreased 20%
Price Increased 7%
Relisted 20%
Inventory 15
Median Rent $2,098
Market Action 83
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$1,899,998 3,104 0.5 - 1 acre 4 4 83 0 0 84
$1,349,444 2,190 0.25 - 0.5 acre 3 3 43 4 0 0
$812,475 1,575 4,500 - 6,500 sqft 4 3 45 3 0 0
$750,000 1,785 4,500 - 6,500 sqft 3 2.5 71 2 0 17