Discovery Bay, CA Home Values & Market Trends
Real estate market trends reflect that there have been 243 transactions over the past year in Discovery Bay. The median value for residential home transactions that occurred over the previous year is $866,032.42. The number of current listings in Discovery Bay is 11, and the percentage of properties for sale in the city is 11.00%. Discovery Bay, CA currently has 10 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 11 properties for sale.
Discovery Bay, CA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
94505 | $ 1,025,000 $ 407/sqft |
Housing Market Summary for Discovery Bay, CA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.3M | $832K | -37.65% |
Median Sold Price | $807.9K | $832K | 2.98% |
Homes For Sale | 22 | 11 | -50.00% |
Homes Sold | 231 | 211 | -8.66% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Discovery Bay, CA
Browse Homes in Discovery Bay, CA
Discovery Bay home values range from $330,200 to $3,523,520. The median estimated value of a home in Discovery Bay is $866,032.42. The median list price of a home is 950,000, and the total count of properties in the city is 6,038.
- Pre-ForeclosurePre-foreclosure homes account for 0.12% of all residential properties in Discovery Bay, CA with 94505 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Discovery Bay, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $830,200 in 94505 to the lowest home value of $568,900 in 94505.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Discovery Bay, CA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Discovery Bay, CA. There is 1 zips within Discovery Bay, CA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions94505 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Discovery Bay, CA. Auction homes and other auction properties account for 0.05% of all properties in Discovery Bay, CA. There is 1 zips within Discovery Bay, CA; of that zips, the median estimated home value for homes going to auction ranges from $961,000 in 94505 to the lowest value of $750,800 in 94505.
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Guide for Discovery Bay, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.
The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.