BC PG
Bay City Property Group
Week of
Mar 16 – Mar 22, 2026

Broker's Post

Inventory building while buyers remain selective
Rates
30-Yr Fixed 6.82% -0.03%
FHA 30-Yr 6.55% -0.02%
15-Yr Fixed 6.12% -0.04%
Matagorda DOM 57 stable
Active 41 current set
Bay City Market Pulse
Median Sale Price
$197,500
+3% slight upward movement from recent closings
New Listings This Week
7
0% compared with the previous 12-day reporting period
Pending Sales
4
-2 compared with the previous 12-day reporting period
Closed This Week
1
-2 lower closing volume week-over-week
Avg Price / Sq Ft
$149.24
0% based on recent sold homes
List-to-Sale Ratio
98.4%
0% based on recent sold homes
Avg Days on Market
57
Active Market current listings DOM average
Months of Inventory
3.8
Balanced Market based on 90-day absorption rate

Price Band Breakdown

Active listings by price range — Bay City
Under $150K219
$150K – $200K10215
$200K – $300K20518
$300K – $400K7320
$400K+2113
Majority of inventory concentrated in the $200K–$300K range

Supply Gauge

Months of inventory — Matagorda County
3.8
months of inventory
1 Mo Seller’s Balanced Market Buyer’s 8+ Mo
What this means: At the current pace of sales, it would take 3.8 months to sell the current active inventory. The market remains relatively balanced, with steady buyer activity keeping inventory from building too quickly.
Broker’s Commentary
DN
Derek Nemec
Broker | Bay City Property Group

We’re continuing to see inventory build across Bay City, particularly in the mid-price ranges. This is giving buyers more options and creating a more competitive environment for sellers.

Homes that are priced correctly and presented well are still moving, but buyers are taking their time and comparing more properties before making decisions.

For sellers, strategy matters more than ever — pricing, condition, and marketing are key. For buyers, this is one of the better windows we’ve seen recently to negotiate and find value.

Local Pulse — Matagorda County
Inventory Mix

Mid-Range Dominates

The $200K–$300K segment continues to make up the largest portion of active listings, shaping overall market activity.

New Construction

Steady Builder Presence

New construction remains active, particularly in communities like Valor Park and Russell Ranch, adding to available supply.

Upper-End Supply

Limited High-End Inventory

Inventory above $400K remains limited, keeping competition tighter in higher price segments.

Matagorda Co. Tax Rate
0.33651
county tax rate per $100 valuation
Bay City ISD Tax Rate
1.00069
school district tax rate per $100 valuation
Homestead Exemption
$140K
Texas homestead exemption (local exemptions may be higher)
 

Federal Reserve Update:

The Federal Reserve held its March meeting last week and kept interest rates unchanged, continuing its current “wait-and-see” approach as it monitors inflation and broader economic conditions.

While inflation has come down from prior highs, it remains above target, and the Fed signaled that any rate cuts will likely be gradual and later in the year, rather than immediate.

What This Means for Buyers & Sellers

With rates holding steady:

  • Mortgage rates are expected to stay relatively stable in the near term

  • Buyers remain active but highly price-conscious

  • Sellers need to be strategic with pricing and presentation to attract offers

Local Perspective

For Bay City and Matagorda County, this reinforces what we’re already seeing — a balanced market where well-priced homes are still moving, while overpriced listings are sitting longer.

Until we see meaningful rate cuts, pricing discipline and property condition will continue to drive results more than anything else.

 

Featured Property:

Located in a well-established area of Bay City, 2208 Gontier Drive offers a comfortable and practical layout with inviting living spaces and a functional design suited for everyday living. The home provides a welcoming environment with convenient access to local schools, shopping, dining, and nearby community amenities.

With a layout that balances space and usability, this property presents a solid opportunity for buyers seeking a move-in ready home in a familiar and accessible part of town.

A great option for those looking to enjoy the convenience and character of Bay City living.

 

Tip of the Week for Sellers: Price it right from the start.

In today’s market, buyers are still active — but they’re paying close attention to value. Homes that come on the market priced correctly are the ones getting the most interest and moving the quickest.

If a home sits too long, it often leads to price reductions and less negotiating power. The first 7–14 days are when your listing gets the most attention, so making a strong first impression matters.

Bottom line:
The right price doesn’t leave money on the table — it positions your home to attract serious buyers and stronger offers.

 
BC PG
BAY CITY
PROPERTY GROUP

Bay City Property Group remains committed to providing clear market insight and professional guidance to buyers, sellers, and investors throughout Matagorda County. Our goal with each Broker’s Post is to offer a concise snapshot of local housing trends so our community can make confident real estate decisions.

Previous
Previous

Next
Next