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 November 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

$610,000

$475/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+1.7%)

Key Takeaway

Homes in San Pablo have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in San Pablo was $610,000 in November 2024, up 1.7% from last year, and the median price per square foot was $475.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $335K$299.2K
-10.7%
2 $445K$443.5K
-0.3%
3 $608K$610K
0.3%
4 $727.5K$727.5K
0.0%
5+ $950K$840K
-11.6%

Summary: San Pablo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 0.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Cities

San Pablo
+1.7%
Richmond
-1.1%
West Contra Costa
-2.7%

Housing Supply in San Pablo, CA

How many homes are available in San Pablo, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7685+11.8%

Summary: The San Pablo real estate market had 85 homes for sale in November 2024, a 11.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 1618
+12.5%
3 3844
+15.8%
4 1514
-6.7%
5+ 45
+25.0%

Summary: The San Pablo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1828+55.6%

Asking Price vs. Sold Price

8 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. 53.8% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in San Pablo in November 2024, up by 55.6% month-over-month. Of the 26 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% 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

Nov 2023Nov 2024CHANGE
22 Days26 Days+18.2%

Summary: Homes in San Pablo had an average of 26 days on market in Nov 2024, up by 18.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

8 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 November 2024, 28 homes were sold in San Pablo; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% 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 2 Days Ago

Newest Listings in San Pablo, CA

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