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Martinez market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPMartinezCondos · May 2026The Martinez market eased in May: mostkey signals moved the buyer's way.Median sale price$430K-13.1% vs AprTime to pending15d1 day faster vs AprSold over asking0%-67 pts vs AprActive listings5+66.7% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGMartinezCondos · May 2026Only 0% of Martinez condos sold overasking, so buyers have room tonegotiate.98.2%average sale price vs. asking priceSold over asking0%vs. a year ago+0 pts104.6%101.1%97.6%Sold at asking price98.2%May 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPMartinezCondos · May 2026Martinez condos are closing +1.8% belowasking. The list price has become astarting point.-$370Kmedian sale price minus asking priceMedian asking price$799KMedian sale price$430K$797K$616K$434KSoldAskingMay 2024Aug 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEMartinezCondos · May 2026Martinez condo values dipped -2.4% froma year ago.$430Kmedian sale priceYear over year-2.4%Homes sold last month2$501K$450K$400K$430KApr 2019Oct 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLMartinezCondos · May 2026The typical Martinez condo goes pendingin 15 days, 194 days faster than lastyear.15 daysmedian time to pendingGone within two weeks0%vs. a year ago194 days faster254d169d85d15dMay 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSMartinezCondos · May 2026Martinez inventory is down 44.4% yearover year, keeping buyer choice tight.5active listingsYear over year-44.4%Months of supply2.5141055May 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSMartinezCondos · May 20261 in 2 Martinez listings cut its askingprice last month, up 38 pts from a yearago.60%of active listings cut their asking pricevs. a year ago+38 ptsActive listings552%42%33%60%May 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETMartinezCondos · May 2026Only 0% of Martinez condos went pendingwithin two weeks. Most listings aretaking their time.0%of listings went pending within two weeksMedian time to pending15 daysvs. a year agoN/A55%33%12%Half of listings0%May 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYMartinezCondos · May 2026January is historically Martinez'scalmest month for buyers: 7.0 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-7.0 ptsYears of Redfin data10+Yearly averageJFMAMJJASOND-2.4 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 PRICEMartinezCondos · May 2026Martinez condo values are up +24% overthe past 10 years.+24%median sale price growth since 2016Median price in 2016$346KAverage gain per year+2.2%$467K$409K$351K$430KFeb 2016Mar 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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