Martinez Real Estate Market Activity and Trends

    Active - 29 New - 13 Active - Contingent - 7 Price Change - 1

Median Price

$650,000

$209,000
Lowest Priced

$3,135,000
Highest Priced

Avg $/SQFT

$403

$274
Lowest

$562
Highest

There are currently 29 properties for sale and Martinez real estate prices are between $209,000 and $3,135,000. The median price for homes that are currently for sale is $650,000. Homes are selling for about $403 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.

Martinez 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 $825,000 2,199 13 1979 0 32 Most Expensive 25% of properties
Upper/Second $690,444 1,614 13 1977 0 32 Upper-middle 25% of properties
Lower/Third $577,500 1,312 12 1967 0 32 Lower-middle 25% of properties
Bottom/Fourth $405,500 975 13 1966 0 32 Least expensive 25% of properties

Martinez 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.

Martinez 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 Martinez, 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 Martinez. 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 (32) 1,800 - 3,992 $376 $818,950 15
Upper-middle 25% sqft (32) 1,515 - 1,793 $419 $662,500 12
Lower-middle 25% sqft (32) 1,120 - 1,494 $445 $563,500 12
Smallest 25% sqft (32) 727 - 1,112 $487 $436,500 14

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
2 4 $509,250 $516,625 1,022 $507
3 15 $659,000 $664,487 1,551 $434
4 16 $849,000 $842,699 2,113 $408
5 4 $1,534,500 $1,763,475 4,302 $431
6 3 $1,195,000 $1,380,000 2,996 $454

Condo

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
1 1 $338,000 $338,000 805 $420
2 5 $239,950 $288,780 835 $340

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
3 2 $552,475 $552,475 1,427 $388

Martinez 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.