Avezta Realty International Corp.

Executive Summary

The Black Butte, CA real estate market is currently classified as a buyer's market. The median asking price is $50K, down 52.9% over the past 30 days.

There are currently 19 active listings. Inventory has increased 111.1% compared to last month.

Currently, listings spend an average of 29 days on market.

Sales Activity & Absorption

Volume

19
Active
29
Avg DOM
10
New (30d)
1
New (7d)

Market Signals

3
Price Cuts (30d)
1
New (7d)
3
Price Cuts
1
New (7d)

10 new listings appeared in the past month, 3 sellers reduced their asking price.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $50K, 20% down, 25yr amortization
$232/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Black Butte market currently has 19 active listings with a median price of $50K.

  • Prices declining (-52.9% in 30 days)
  • High price reduction rate (16% of listings)

For Buyers

With more inventory and less competition, buyers in Black Butte have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 1 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 3 listings have reduced their price in the past 30 days.

Search Black Butte

Browse all 19 active listings.

View All Listings

Resources

Market data is calculated from active and recently sold MLS listings as of March 2, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.