Intero's Market Report

Martinez, CA

Single-Family Homes



Martinez, CA

Sun Feb 25 2024
This week the median list price for Martinez, CA is $807,000 with the market action index hovering around 72. This is an increase over last month's market action index of 63. Inventory has decreased to 12. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Martinez, CA

Sun Feb 25 2024
This week the median list price for Martinez, CA is $807,000 with the market action index hovering around 72. This is an increase over last month's market action index of 63. Inventory has decreased to 12. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Martinez market.
Median List Price $807,000
Median Price of New Listings $765,000
Per Square Foot $567
Average Days on Market 105
Median Days on Market 18
Price Decreased 17%
Price Increased 0%
Relisted 25%
Inventory 12
Median Rent
Market Action 72
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,779,444 3,678 1 - 2.5 acres 5 4 40 1 0 161
$965,000 1,901 6,500 - 8,000 sqft 4 3 49 1 1 133
$689,000 996 4,500 - 6,500 sqft 3 2 68 1 2 7
$550,000 790 4,500 - 6,500 sqft 2 1 91 2 1 0