61 homes in Martinez

Martinez is a city in and the county seat of Contra Costa County, California, United States, in the East Bay region of the San Francisco Bay Area. Located on the southern shore of the Carquinez Strait, the city's population was 37,287 at the 2020 census. The city is named after Californio ranchero Ygnacio Martínez, having been founded on his Rancho El Pinole. Martinez is known for its historic center and its waterfront.
Martinez is the Contra Costa County seat birthplace of Joe DiMaggio. Features historic downtown, marina, and affordable housing.
Today, Martinez has 62 homes for sale at a median price of $749,000, typically selling in about 36 days. Families here choose from 4 schools rated 8 or higher on the Topfind School Score.
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Topfind Market Read
Sellers hold the edge right now. There is only 2.0 months of supply, and selling times have improved 50% versus six months ago. At the same time, 32% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$749K
↑ 7% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.0 months of supply
Tight Supply62 active listings against the current sales pace works out to about 2.0 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~36 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 50% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 55% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Martinez
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
70%
Homeowners
30%
Renters
Homeownership is 14.5 points higher than the California average (55.5%)
14,673 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $282K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$577K)
Price Reductions
20 listings have reduced their price
32% of active listings
Average reduction: 5.3% (~$40K)
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