Franklin Montaño Franklin Montaño

BC PG
Bay City Property Group
Week of
Apr 13 – Apr 19, 2026

Broker's Post

MARKET SHIFTING AS INVENTORY EXPANDS INTO A BUYER'S MARKET
Rates
30-Yr Fixed 6.82% -0.03%
FHA 30-Yr 6.55% -0.02%
15-Yr Fixed 6.12% -0.04%
Bay City DOM 78 180-day avg
Active 140 current inventory
Bay City Market Pulse
Median Sale Price
$216,000
stable based on 180-day sold data
New Listings This Week
11
-4 compared with the previous 7-day reporting period
Pending Sales
6
+2 compared with the previous 7-day reporting period
Closed This Week
8
+3 slight rise in weekly closings
Avg Price / Sq Ft
$135
Slight increase based on 180-day sold homes
List-to-Sale Ratio
93.19%
slight decrease based on 180-day sold performance
Avg Days on Market
78
Stable based on 180-day sold homes
Months of Inventory
6.2
Balanced Market based on 180-day absorption rate

Price Band Breakdown

Active listings by price range — Bay City
Price range Active Pending Avg. DOM
Under $150K143156
$150K – $200K25261
$200K – $300K621067
$300K – $400K26483
$400K+132101
Strong activity concentrated in the $200K–$300K range

Supply Gauge

Months of inventory — Matagorda County
6.2
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 approximately 6.2 months to sell the current inventory. This reflects a balanced market where supply and demand are roughly equal, providing a fair environment for both buyers and sellers.
Broker’s Commentary
DN
Derek Nemec
Broker | Bay City Property Group

140 active listings. 78 average days on market. More inventory, more options, more time — and buyers know it.

Homes are still closing near asking price at a 93.19% list-to-sale ratio. But with 11 new listings coming to market against 6 pending, that gap is what's driving inventory higher and shifting leverage toward the buyer.

The separation is clear across Matagorda County. Homes that are priced correctly are still moving. Homes that miss the market are sitting — and contributing to the 6.2 months of inventory that now defines this market.

Local Pulse — Matagorda County
Inventory Pressure

Inventory Stabilizing

Inventory levels are stabilizing relative to the pace of sales, with months of inventory indicating a more balanced market environment where supply and demand are more aligned.

Buyer Behavior

Selective but Active

Buyers remain engaged, particularly in entry-level and mid-range price points, but are becoming more selective as pricing and condition continue to influence decision-making.

Price Sensitivity Increasing

Negotiation Still Present

With homes averaging around 95% of list price, buyers are continuing to negotiate, especially on properties that are not aligned with current market expectations.

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

The data published in the Broker’s Post is sourced from HAR MLS aggregate reporting and publicly available market records. Bay City Property Group utilizes this information to actively manage its portfolio of investment properties within Bay City and Matagorda County, currently valued in excess of $3,000,000. While every effort is made to ensure accuracy, this data is provided for informational purposes only and should not be construed as legal, financial, or investment advice. Bay City Property Group makes no representations or warranties, express or implied, regarding the completeness, accuracy, or timeliness of the information presented. Readers are encouraged to independently verify all data and consult a licensed professional before making any real estate decision. Bay City Property Group assumes no liability for decisions made in reliance on this information.

 

Featured Property:

3.24 acres inside Bay City limits. The kind of space that is hard to find this close to town.

2,905 sq ft, 4 bed, 2 full baths, 1 half bath, multiple living areas, and a greenhouse already on the property. Roof replaced in 2024. New septic in 2024. High-efficiency HVAC in 2023. The major work is done.

 

Tip of the Week for Sellers: The Reduction Penalty.

A price reduction does not reset the clock. It restarts the conversation — and not in your favor.

In today's Bay City market, buyers are watching. A home that reduces after 30, 60, or 90 days signals that the market already passed on it once. The buyer who comes in after a reduction knows that — and negotiates accordingly.

Homes priced correctly from day one sell closer to asking price. The data confirms it. A 93.19% list-to-sale ratio tells you what the market will bear. Starting above it does not create room to negotiate. It creates days on market.

Price it right on day one. That is the only window that works in your favor.

 
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.

Read More