Is Pinole, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinole is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Pinole has remained a Seller's Market.

Key Takeaway

Pinole is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pinole, CA

How much do homes in Pinole, CA cost?

Median Sold Price

$750,000

$451/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,000(-0.7%)

Key Takeaway

Homes in Pinole have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Pinole was $750,000 in April 2024, down 0.7% from last year, and the median price per square foot was $451.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$449.9K
N/A
2 $480K$420K
-12.5%
3 $750K$740K
-1.3%
4 $845K$805.7K
-4.6%
5+ $920K$900K
-2.2%

Summary: Pinole housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 2.2%.

Median Sold Price Compared To Nearby Cities

Pinole
-0.7%
West Contra Costa
-1.0%
Briones
-1.6%
Richmond
-2.3%
Hercules
-7.0%

Housing Supply in Pinole, CA

How many homes are available in Pinole, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1824+33.3%

Summary: The Pinole real estate market had 24 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 812
+50.0%
4 68
+33.3%
5+ 12
+100.0%

Summary: The Pinole housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinole, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Pinole in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Pinole, CA

How long does it take to sell a home in Pinole, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days23 Days-36.1%

Summary: Homes in Pinole had an average of 23 days on market in Apr 2024, down by 36.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pinole are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Pinole; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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