Inventory in Pinole has opened up in the latest rolling three-month period, with active listings at 71 even as that level sits about 10% below a year ago. Contract activity is solid, as 43 homes are going under contract and 35 are closing, though closed sales are down more than 20% year over year while pending sales are roughly flat.
Pricing is holding fairly steady, with a typical home value around $730,000, up slightly from a year earlier, while the median list price has pushed higher with an almost 8% year-over-year gain. Sellers are seeing strong demand, as about 71% of homes are selling above list and the average sale-to-list ratio has edged above 102%, both higher than last year.
Homes are moving more quickly, with the median days on market now at 15, down sharply from earlier this year, yet months of supply has climbed to about 2.6, roughly 50% higher than a year ago, indicating a bit more breathing room than in the past. With this mix of stronger pricing power for sellers and slightly more options and time for buyers, both sides can benefit from knowledgeable guidance, and Agent Pronto can help buyers and sellers connect with an agent who understands the Pinole market dynamics.
