Is San Pablo, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Pablo is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in San Pablo, CA

How much do homes in San Pablo, CA cost?

Median Sold Price

$604,517

$473/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$39,517(+7.0%)

Key Takeaway

Homes in San Pablo have sold for 7% more than they did a year ago.

Summary: The median home sold price in San Pablo was $604,517 in February 2024, up 7% from last year, and the median price per square foot was $473.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $275K$332.5K
+20.9%
2 $456.7K$410K
-10.2%
3 $590K$620K
+5.1%
4 $695K$732.5K
+5.4%
5+ $675K$994K
+47.3%

Summary: San Pablo housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 47.3%.

Median Sold Price Compared To Nearby Cities

San Pablo
+7.0%
Richmond
-3.7%
West Contra Costa
-3.8%

Housing Supply in San Pablo, CA

How many homes are available in San Pablo, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6256-9.7%

Summary: The San Pablo real estate market had 56 homes for sale in February 2024, a 9.7% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 1715
-11.8%
3 2819
-32.1%
4 1317
+30.8%
5+ 23
+50.0%

Summary: The San Pablo housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 32.1%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1625+56.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Pablo, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in San Pablo in February 2024, up by 56.3% month-over-month. Of the 20 sold homes, 10% were sold under asking, 20% were sold at asking, and 70% were sold over asking.

Days on Market for San Pablo, CA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
26 Days37 Days+42.3%

Summary: Homes in San Pablo had an average of 37 days on market in Feb 2024, up by 42.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 25 homes were sold in San Pablo; 56% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% 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 28 Days Ago

Newest Listings in San Pablo, CA

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