Is Martinez, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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 June 2023
Summary: The median home sold price in Martinez was $775,000 in June 2024, up 3.1% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $373.7K | +2.4% |
2 Bedrooms | $517.5K | $540K | +4.3% |
3 Bedrooms | $750.5K | $756.9K | +0.9% |
4 Bedrooms | $954K | $925K | -3.0% |
5+ Bedrooms | $1.2M | $1.0M | -13.5% |
Summary: Martinez housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 13.5%.
Median Sold Price Compared To Nearby Cities
Pleasant Hill | $950K | $1.0M | +6.3% |
Martinez | $752K | $775K | +3.1% |
Central Contra Costa | $972.2K | $1.0M | +3.0% |
Briones | $913.5K | $920K | +0.7% |
Housing Supply in Martinez, CA
How many homes are available in Martinez, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
147 | 148 | +0.7% |
Summary: The Martinez real estate market had 148 homes for sale in June 2024, a 0.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 32 | 37 | +15.6% |
3 Bedrooms | 65 | 61 | -6.2% |
4 Bedrooms | 41 | 41 | 0.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Martinez housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.6%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
50 | 50 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Martinez in June 2024, the same as the previous month. Of the 49 sold homes, 18% were sold under asking, 18% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 17 Days | 0.1% |
Summary: Homes in Martinez had an average of 17 days on market in Jun 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 50 homes were sold in Martinez; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.