Pinole Real Estate Market Update - July 2015

Pinole, CA Real Estate Market Update as of July 5, 2015

Homes for Sale: 19

There are 2 condos, 1 townhouse and 16 family homes for sale in Pinole.  The average days on market for a single family home is 37 days (note: there are 7 homes that have been on the market over 30 days).  The average sales price for single family homes is $454,490 with the lowest priced home being $339,000 and the highest priced home sits at $675,000.

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Homes Under Contract: 32

There are 27 single family homes that are currently under contract in Pinole.  The average days on market for these homes is 26 days with an average asking price of $433,805.

Homes Sold Since June 1, 2015: 23

There are 21 single family homes in Pinole that have sold since June 1, 2015.  The average days on market was 26 days and the average asking price was $460,521 while the average sold price was $474,526 meaning that homes have sold for an average of 3% over asking price.

How does Pinole Valley compare?

Since June 1, 2015 there have been 8 homes that sold in Pinole Valley.

Average days on market for homes sold in Pinole Valley: 21 days

Average asking price for homes sold in Pinole Valley: $477,675

Pinole Valley homes are selling for 4.7% over asking price!

***There is only about 2 months of inventory of homes for sale in Pinole.  Under 5 months means it's a seller's market, over 8 months is considered a buyers market with 5-8 months being a balanced market.  Months of inventory means that this is the estimate of time that it will take to sell the current inventory.  If you're thinking of selling a home, now is a great time!***

Are you thinking about selling your home in Pinole or interested in the value of your home in Pinole?  Contact Pinole Real Estate Agent, Maya Willner at 510-3837-3100 or AgentMaya@gmail.com or click here to get an instant estimate of the value of your home.