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 December 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

$615,000

$472/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,000(+2.5%)

Key Takeaway

Homes in San Pablo have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in San Pablo was $615,000 in December 2024, up 2.5% from last year, and the median price per square foot was $472.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $333.7K$289.5K
-13.3%
2 $405K$465K
+14.8%
3 $610K$610K
0.0%
4 $725K$725K
0.0%
5+ $950K$927.5K
-2.4%

Summary: San Pablo housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 14.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

San Pablo
+2.5%
Richmond
0.0%
West Contra Costa
-2.5%

Housing Supply in San Pablo, CA

How many homes are available in San Pablo, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8173-9.9%

Summary: The San Pablo real estate market had 73 homes for sale in December 2024, a 9.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 1513
-13.3%
3 4338
-11.6%
4 1414
0.0%
5+ 65
-16.7%

Summary: The San Pablo housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2622-15.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 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. 47.1% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in San Pablo in December 2024, down by 15.4% month-over-month. Of the 17 sold homes, 35% were sold under asking, 18% were sold at asking, and 47% 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

Dec 2023Dec 2024CHANGE
33 Days25 Days-23.0%

Summary: Homes in San Pablo had an average of 25 days on market in Dec 2024, down by 23% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 22 homes were sold in San Pablo; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% 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 San Pablo, CA

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