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

ZipMedian Est. Value
94505

$ 1,025,000

$ 407/sqft

Housing Market Summary for Discovery Bay, CA

Mar 2023February 2024Change
Median Listing Price$1.3M$832K-37.65%
Median Sold Price$807.9K$832K2.98%
Homes For Sale2211-50.00%
Homes Sold231211-8.66%
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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%.

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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.

Foreclosure
There is 1 zips within Discovery Bay, CA; within this zips, the median estimated home value for homes in foreclosure ranges from $961,000 in 94505 to the lowest value of $568,900 in 94505. Foreclosure homes account for 0.00% of properties in Discovery Bay, CA with 94505 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    94505 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.18% of residential properties in Discovery Bay, CA with 94505 containing 11 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Discovery Bay, CA; homes for sale in that zips, have a range of median values from $1,430,000 in 94505 to the lowest value of $529,100 in 94505.
    Sold Homes
    The median value for recently sold homes ranges from $2,033,470 in 94505 to the lowest price of $348,700 in 94505. There is 1 zips within Discovery Bay, CA. 94505 has 206 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.41% of properties in Discovery Bay, CA.

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      Guide for Discovery Bay, CA

      RealtyTrac Market Report
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      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      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.

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      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.

      Stability and Growth in the San Bernardino Real Estate Market – Feb 2024
      California|posted 1 March 2024

      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.