Is Martinez, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Martinez has remained a Seller's Market.
Housing Prices in Martinez, CA
How much do homes in Martinez, CA cost?
Median Sold Price
$775,000
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Martinez was $775,000 in April 2024, up 0.5% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $357.5K | $377K | +5.5% |
2 Bedrooms | $522.5K | $522.5K | 0.0% |
3 Bedrooms | $767.7K | $760K | -1.0% |
4 Bedrooms | $970K | $925K | -4.6% |
5+ Bedrooms | $1.2M | $1.2M | +1.4% |
Summary: Martinez housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Cities
Pleasant Hill | $971.6K | $980K | +0.9% |
Martinez | $770.8K | $775K | 0.5% |
Central Contra Costa | $991.9K | $983.3K | -0.9% |
Briones | $930K | $915K | -1.6% |
Housing Supply in Martinez, CA
How many homes are available in Martinez, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 128 | +43.8% |
Summary: The Martinez real estate market had 128 homes for sale in April 2024, a 43.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 12 | 19 | +58.3% |
3 Bedrooms | 45 | 63 | +40.0% |
4 Bedrooms | 23 | 35 | +52.2% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Martinez housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 58.3%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 38 | +40.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Martinez in April 2024, up by 40.7% month-over-month. Of the 35 sold homes, 20% were sold under asking, 17% were sold at asking, and 63% were sold over asking.
Days on Market for Martinez, CA
How long does it take to sell a home in Martinez, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 32 Days | +9.0% |
Summary: Homes in Martinez had an average of 32 days on market in Apr 2024, up by 9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Martinez; 71% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.