Discovery Bay Real Estate Market Activity and Trends

Current Market Statistics for Active Listings

There are currently 29 properties for sale and Discovery Bay. Real estate prices are between $419,900 and $1,999,000. The median price for homes that are currently for sale is $924,000. Homes are selling for about $467 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.

    Active - 20 New - 5 Price Change - 2 Active - Contingent - 1 Back on Market - 1

Median Price

$924,000

$419,900
Lowest Priced

$1,999,000
Highest Priced

Avg $/SQFT

$467

$220
Lowest

$679
Highest

Active Listings

29

Compared to 24 active listings at this time last year (Year-over-year)

Pending Sales

23

Compared to 40 active listings at this time last year (Year-over-year)

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 Total Listings
Top/First $1,175,000 2,716 25 1989 24 Most Expensive 25% of properties
Upper/Second $877,500 2,752 15 2002 24 Upper-middle 25% of properties
Lower/Third $772,500 2,578 19 1999 24 Lower-middle 25% of properties
Bottom/Fourth $629,000 1,827 17 1992 24 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 (24) 2,903 - 4,679 $285 $880,000 21
Upper-middle 25% sqft (24) 2,431 - 2,895 $337 $830,000 17
Lower-middle 25% sqft (24) 1,795 - 2,420 $362 $780,475 17
Smallest 25% sqft (24) 1,311 - 1,782 $441 $639,975 23

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 10 $1,036,500 $1,138,984 2,434 $479
4 13 $899,000 $1,259,667 3,074 $410
5 2 $798,944 $798,944 3,376 $239

Duet

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
2 3 $695,000 $604,633 1,120 $557

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
3 1 $550,000 $550,000 1,572 $350

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.