Intero's Market Report

Martinez, CA

Single-Family Homes



Martinez, CA

Wed Oct 04 2023
This week the median list price for Martinez, CA is $850,000 with the market action index hovering around 64. This is less than last month's market action index of 66. Inventory has decreased to 37. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Martinez, CA

Wed Oct 04 2023
This week the median list price for Martinez, CA is $850,000 with the market action index hovering around 64. This is less than last month's market action index of 66. Inventory has decreased to 37. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Martinez market.
Median List Price $850,000
Median Price of New Listings $999,500
Per Square Foot $513
Average Days on Market 47
Median Days on Market 28
Price Decreased 41%
Price Increased 3%
Relisted 11%
Inventory 37
Median Rent
Market Action 64
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general 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
$1,250,000 2,881 0.25 - 0.5 acre 5 4 44 2 2 21
$975,000 1,941 6,500 - 8,000 sqft 3 3 42 1 4 28
$828,000 1,613 4,500 - 6,500 sqft 3 2.5 51 0 1 42
$682,000 1,450 4,500 - 6,500 sqft 3 2 82 2 3 14