Discovery Bay Real Estate Market Activity and Trends

    Active - 32 New - 11 Active - Contingent - 8 Price Change - 2

Median Price

$939,000

$389,000
Lowest Priced

$3,900,000
Highest Priced

Avg $/SQFT

$320

$0
Lowest

$600
Highest

There are currently 32 properties for sale and Discovery Bay real estate prices are between $389,000 and $3,900,000. The median price for homes that are currently for sale is $939,000. Homes are selling for about $320 per square foot. If you are serious about buying a home, we highly recommend setting up a market watch notification so you don't miss out.

Discovery Bay Real Estate Price Trends

The real estate price trend chart shows the median selling prices for homes over time. A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the "noise" from random short-term price fluctuations. Use this chart with the inventory chart to determine if prices for homes will be going up or down.

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price.

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $1,025,000 3,166 11 1991 0 42 Most Expensive 25% of properties
Upper/Second $755,000 2,510 20 1994 0 41 Upper-middle 25% of properties
Lower/Third $631,000 2,598 13 1999 0 42 Lower-middle 25% of properties
Bottom/Fourth $535,000 2,014 18 1994 0 41 Least expensive 25% of properties

Discovery Bay Price/SQFT Trends

The median and average square foot price trends. The square foot price is one of the best ways to get a good rough estimate of your homes worth.

Discovery Bay Price/SQFT Quartiles

If you try to use the average cost per foot to determine the approximate fair market value (FMV) of another property, you should be careful to understand a few key issues. First, the cost per foot tends to decrease as properties increase in size. In other words, the most expensive homes in Discovery Bay, on a cost per foot basis, will tend to be the smallest properties. This is because economies of scale make larger properties less expensive on a cost per foot basis. You should adjust the cost per foot up or down if the subject property is smaller or larger than the average sized home in Discovery Bay. The Home SQFT Price Quartiles chart helps give you a better understanding of sqft price and home size.

Quartile (# Listings) Sqft Range Avg. Sqft Price Median Price Avg. DOM
Largest 25% sqft (42) 3,059 - 8,500 $245 $816,000 11
Upper-middle 25% sqft (41) 2,492 - 3,055 $272 $672,500 17
Lower-middle 25% sqft (42) 1,975 - 2,466 $276 $634,450 15
Smallest 25% sqft (41) 1,311 - 1,965 $360 $590,000 12

Complete Active Residential Inventory

Below is all the properties currently for sale in Alameda, sorted by number of bedrooms.

Detached

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
3 19 $1,049,000 $975,421 2,386 $364
4 19 $699,999 $919,442 2,858 $293
5 10 $947,000 $1,112,199 3,443 $295
6 1 $875,000 $875,000 4,679 $187
8 1 $3,900,000 $3,900,000 9,000 $433

Duet

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
2 3 $625,000 $571,300 1,272 $466

Discovery Bay Real Estate Inventory - Monthly Active, Pending and Sold Activity

The real estate inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each month (pending) and sold each month. This chart is good at determining the supply and demand of properties. When trying to find trends in home prices, I look at the number of the new home listings and the current price trends.