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 October 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

$744,000

$475/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,500(-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 $744,000 in October 2024, down 0.7% from last year, and the median price per square foot was $475.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$321K
N/A
2 $419K$460K
+9.8%
3 $730K$726K
-0.5%
4 $814.5K$840K
+3.1%
5+ $942.5K$850K
-9.8%

Summary: Pinole housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 9.8%.

Median Sold Price Compared To Nearby Cities

Pinole
-0.7%
Richmond
-1.4%
West Contra Costa
-2.4%
Hercules
-5.1%

Housing Supply in Pinole, CA

How many homes are available in Pinole, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2633+26.9%

Summary: The Pinole real estate market had 33 homes for sale in October 2024, a 26.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 1718
+5.9%
4 68
+33.3%
5+ 01
+100.0%

Summary: The Pinole housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 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. 80% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Pinole in October 2024, up by 57.1% month-over-month. Of the 10 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% 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

Oct 2023Oct 2024CHANGE
21 Days16 Days-23.9%

Summary: Homes in Pinole had an average of 16 days on market in Oct 2024, down by 23.9% compared to last year.

Breakdown of Home Sale Times

9 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 October 2024, 11 homes were sold in Pinole; 82% of homes were sold within 30 days, 9% 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 20 Days Ago

Newest Listings in Pinole, CA

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