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BC PG
Bay City Property Group
Week of
May 18 – May 24, 2026

Broker's Post

MARKET SHIFTING AS INVENTORY EXPANDS INTO A BUYER'S MARKET
Rates
30-Yr Fixed 6.70% +0.23%
FHA 30-Yr 6.50% +0.29%
15-Yr Fixed 5.84% -0.20%
Bay City DOM 80 180-day avg
Active 135 current inventory
Bay City Market Pulse
Median Sale Price
$218,000
Stable based on 180-day sold data
New Listings This Week
9
-2 compared with the previous 7-day reporting period
Pending Sales
4
-4 compared with the previous 7-day reporting period
Closed This Week
5
+1 slight increase in weekly closings
Avg Price / Sq Ft
$131.72
Stable based on 180-day sold homes
List-to-Sale Ratio
93.51%
Buyer Advantage based on 180-day sold performance
Avg Days on Market
80
Slight decrease based on 180-day sold homes
Months of Inventory
5.1
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 $150K193148
$150K – $200K20384
$200K – $300K552276
$300K – $400K25197
$400K+16088
Strong activity concentrated in the $200K–$300K range

Supply Gauge

Months of inventory — Matagorda County
5.1
months of inventory
1 Mo Seller's Balanced Market Buyer's 8+ Mo
What this means: At 5.1 months of supply, the market remains balanced but leans toward buyers. Inventory is building faster than it's being absorbed — 9 new listings against only 5 closings this week. Rates are rising and buyer selectivity is high. Sellers who price right are closing; those who don't are waiting.
Broker's Commentary
DN
Derek Nemec
Broker | Bay City Property Group

Rates ticked up this week — the 30-year fixed now sits at 6.70% — adding quiet pressure on purchasing power and nudging more buyers toward the sidelines.

At the same time, inventory continues to build, with 135 active listings and 5.1 months of supply keeping the market in balanced territory with a clear lean toward buyers.

Sellers who price competitively from the start are closing; those who don't are sitting. Until rates show a meaningful pullback, buyer caution will remain the prevailing sentiment.

Local Pulse — Matagorda County
Inventory Pressure

Supply Still Building

135 active listings at 5.1 months of supply. With 9 new listings against only 5 closings this week, inventory is accumulating faster than it is being absorbed — and the direction continues to favor buyers.

Buyer Behavior

Concentrated and Selective

The $200K–$300K range accounts for 22 of 26 total pending sales — the clear sweet spot. Above $300K, just 1 pending against 41 active listings. Buyers know where the value is, and they are not stretching beyond it.

Price Sensitivity Increasing

Negotiation is the Norm

A 93.51% list-to-sale ratio means buyers are closing nearly 6.5% below asking. At 80 average days on market, patience is on the buyer's side. Overpriced listings are not the exception — they are the rule that isn't moving.

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:

Established neighborhood. Spacious lot. Functional layout. 1310 Sailfish Drive offers solid bones in a location that makes daily life easy — close to schools, shopping, dining, and the coast. A well-rounded opportunity in a market where correctly priced homes are still moving.

 

Tip of the Week for Sellers: Your first price is your best price

In a market with 135 active listings and 80 average days on market, buyers are comparison shopping — and they have the time to do it. Homes that enter at the right price are closing; homes that start high and reduce are sitting longer and ultimately selling for less. A reduction signals hesitation, and hesitation invites lower offers. Price it correctly from day one and let the market do the work.

 
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.

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