Weekly Housing Market Report - Bay City, Texas - Week 3: January 12 - January 18, 2025
Bay City Housing Market Overview
Market Appreciation or Depreciation
The median closed price for homes in Bay City during Week 3 of 2025 was $142,500, reflecting a decrease from $245,500 in Week 2 and $256,300 in Week 1.
Number of Active Listings
As of the end of Week 3, there were 35 active listings in Bay City, increasing from 28 in Week 2 and 25 in Week 1.
Median Days on Market (DOM)
Sales: The median Days on Market (DOM) for closed sales was 64 days, decreasing from 125 days in Week 2, but higher than 60 days in Week 1.
List Price Trends
The median list price for homes sold in Week 3 was $149,500, decreasing from $278,000 in Week 2 and $260,750 in Week 1.
Seller Concessions Over $1
Percentage of Sales with Concessions: 25.0% (↑ from 0.0% in Week 2, ↓ from 75.0% in Week 1)
Minimum Concession: $5,000
Maximum Concession: $5,000
Median Concession: $5,000
Inventory in Months
The inventory level in Bay City is now 2.04 months, decreasing from 3.27 in Week 2, but higher than 1.46 in Week 1.
Legal Disclaimer
The information provided in this blog post is for informational purposes only and should not be considered financial, legal, or real estate advice. Readers are encouraged to conduct their own research and consult with a licensed real estate professional before making any property-related decisions.
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