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 May 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

$457/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since May 2023.

Key Takeaway

The sold price of homes in Pinole has remained the same since last year.

Summary: The median home sold price in Pinole was $750,000 in May 2024, the same as last year, and the median price per square foot was $457.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$449.9K
N/A
2 $480K$420K
-12.5%
3 $744.5K$730K
-1.9%
4 $822K$809.5K
-1.5%
5+ $860K$970K
+12.8%

Summary: Pinole housing prices by bedroom type for May 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 1.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 12.8%.

Median Sold Price Compared To Nearby Cities

West Contra Costa
+0.7%
Briones
+0.7%
Richmond
0.1%
Pinole
0.0%
Hercules
-7.8%

Housing Supply in Pinole, CA

How many homes are available in Pinole, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2427+12.5%

Summary: The Pinole real estate market had 27 homes for sale in May 2024, a 12.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 14
+300.0%
3 1113
+18.2%
4 88
0.0%
5+ 32
-33.3%

Summary: The Pinole housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
990.0%

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 9 homes were sold or pending in Pinole in May 2024, the same as the previous 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

May 2023May 2024CHANGE
30 Days14 Days-53.6%

Summary: Homes in Pinole had an average of 14 days on market in May 2024, down by 53.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were 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 May 2024, 9 homes were sold in Pinole; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Pinole, CA

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