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Martinez market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPMartinezAll home types · May 2026Martinez held steady in May: the keymarket signals were mixed.Median sale price$759K-13.9% vs AprTime to pending14d6 days faster vs AprSold over asking48%-9 pts vs AprActive listings59+0.0% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGMartinezAll home types · May 202648% of Martinez homes sold over asking,so pricing right matters more than ever.100.7%average sale price vs. asking priceSold over asking48%vs. a year ago-13 pts101.7%100.7%99.7%Sold at asking price100.7%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPMartinezAll home types · May 2026The typical Martinez home closes +0.7%above its asking price.-$40Kmedian sale price minus asking priceMedian asking price$799KMedian sale price$759K$861K$793K$726KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEMartinezAll home types · May 2026Martinez home values dipped -13.1% froma year ago.$759Kmedian sale priceYear over year-13.1%Homes sold last month40$843K$742K$641K$759KJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLMartinezAll home types · May 2026Martinez homes are flying off the marketin 14 days.14 daysmedian time to pendingGone within two weeks43%vs. a year agounchanged53d35d18d14dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSMartinezAll home types · May 2026Martinez inventory is up 1.7% year overyear, a steadier supply picture forhomes.59active listingsYear over year+1.7%Months of supply1.575563759Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSMartinezAll home types · May 20261 in 2 Martinez listings cut its askingprice last month.41%of active listings cut their asking pricevs. a year ago+3 ptsActive listings5938%31%23%41%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETMartinezAll home types · May 2026Martinez moves at two speeds: 43% ofhomes were gone inside two weeks whilethe rest sat longer.43%of listings went pending within two weeksMedian time to pending14 daysvs. a year ago-19 pts56%40%23%Half of listings43%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYMartinezAll home types · May 2026January is historically Martinez'scalmest month for buyers: 3.7 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-3.7 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-1.7 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEMartinezAll home types · May 2026Martinez home values are up +39% overthe past 10 years.+39%median sale price growth since 2016Median price in 2016$545KAverage gain per year+3.4%$784K$687K$590K$759KMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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