Quarterly Market Report

Q3 2023 | MARTINEZ (CITY), CA

Cara Milgate

Vice President/Sales Manager

License: CA DRE #1044930

Office: (510) 910-2410

Cell: (510) 910-2410

Other: (510) 489-8989

cmilgate@intero.com

MARTINEZ (CITY), CA

MARKET OVERVIEW

Q3 2023 | Single Family

Market	Quarter			Year to Date
Summary	Q3 2023	Q3 2022	% Change	YTD 2023	YTD 2022	% Change
New Listings	130	105	23.81%	286	410	-30.24%
Sold Listings	93	113	-17.7%	223	323	-30.96%
Median List Price (Solds)	$799,950	$799,000	0.12%	$799,000	$849,000	-5.89%
Median Sold Price	$840,000	$800,000	5%	$830,000	$880,000	-5.68%
Median Days on Market	14	24	-41.67%	13	12	8.33%
Average List Price (Solds)	$865,073	$851,294	1.62%	$856,562	$891,254	-3.89%
Average Sold Price	$877,173	$850,120	3.18%	$874,061	$941,741	-7.19%
Average Days on Market	21	32	-34.38%	24	20	20%
List/Sold Price Ratio	102.3%	99.9%	2.32%	102.6%	105.5%	-2.8%

LISTING INVENTORY AND NUMBER OF SALES

Q3 2023 | Single Family

Quarterly inventory of properties for sale along with number of sales

MARTINEZ (CITY), CA

MEDIAN SALES PRICE AND NUMBER OF SALES

Q3 2023 | Single Family

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

Q3 2023 | Single Family

Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

MARTINEZ (CITY), CA

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM

Q3 2023 | Single Family

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE

Q3 2023 | Single Family

Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of quarter.

MARTINEZ (CITY), CA

PROPERTIES FOR SALE AND SOLD PROPERTIES

Q3 2023 | Single Family

Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.

MONTHS SUPPLY OF INVENTORY

Q3 2023 | Single Family

Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

MARTINEZ (CITY), CA

MEDIAN SALE PRICE

Q3 2023 | Single Family

Price of the "middle" property sold -an equal number of sales were above and below this price

MEDIAN SALE PRICE AND UNITS SOLD

Q3 2023 | Single Family

Median Sale Price vs. Number of Sold Properties each Year ** Sold Properties for current year are annualized based on actual sales year-to-date

MARTINEZ (CITY), CA

MARKET OVERVIEW

Q3 2023 | Condo

Market	Quarter			Year to Date
Summary	Q3 2023	Q3 2022	% Change	YTD 2023	YTD 2022	% Change
New Listings	42	43	-2.33%	98	128	-23.44%
Sold Listings	19	27	-29.63%	68	94	-27.66%
Median List Price (Solds)	$565,000	$549,000	2.91%	$585,000	$596,500	-1.93%
Median Sold Price	$550,000	$570,000	-3.51%	$587,500	$612,500	-4.08%
Median Days on Market	14	15	-6.67%	14	9	55.56%
Average List Price (Solds)	$567,981	$573,474	-0.96%	$588,615	$607,565	-3.12%
Average Sold Price	$567,810	$578,884	-1.91%	$598,571	$635,434	-5.8%
Average Days on Market	17	26	-34.62%	32	18	77.78%
List/Sold Price Ratio	100%	101.1%	-1.11%	101.7%	104.9%	-3.01%

LISTING INVENTORY AND NUMBER OF SALES

Q3 2023 | Condo

Quarterly inventory of properties for sale along with number of sales

MARTINEZ (CITY), CA

MEDIAN SALES PRICE AND NUMBER OF SALES

Q3 2023 | Condo

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

Q3 2023 | Condo

Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

MARTINEZ (CITY), CA

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM

Q3 2023 | Condo

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE

Q3 2023 | Condo

Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of quarter.

MARTINEZ (CITY), CA

PROPERTIES FOR SALE AND SOLD PROPERTIES

Q3 2023 | Condo

Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.

MONTHS SUPPLY OF INVENTORY

Q3 2023 | Condo

MARTINEZ (CITY), CA

MEDIAN SALE PRICE

Q3 2023 | Condo

Price of the "middle" property sold -an equal number of sales were above and below this price

MEDIAN SALE PRICE AND UNITS SOLD

Q3 2023 | Condo

Median Sale Price vs. Number of Sold Properties each Year ** Sold Properties for current year are annualized based on actual sales year-to-date

The statistics presented in the Quarterly Market Report are compiled based on figures and data generated by IDC Global and Datafloat for the benefit of Intero Real Estate. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Data maintained by the MLSs may not reflect all real estate activity in the market. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.