Martinez Housing Market Report – May 2026
Here's a look at how the Martinez, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 57
- Median Sale Price: $710,000
- Average Sale Price: $779,442
- Average Price Per Sq Ft: $516
- Average Days on Market: 51
- Sale-to-List Price Ratio: 99.8%
Month-Over-Month Trends
Compared to April, the median sale price in Martinez moved 15.9% down (from $843,900 to $710,000). The number of homes sold was 29.5% up compared to the prior month (44 vs. 57). Average days on market shifted 13.6% down (59 days to 51 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 12.8% down (from $814,500 to $710,000). Sales volume is 5.6% up year-over-year.
What This Means
Martinez's housing market is showing signs of cooling from earlier in the year, with median prices down nearly 16 percent month-over-month to $710,000. While this sharp dip might seem alarming, it likely reflects seasonal patterns typical for late spring rather than a dramatic market shift. The year-over-year decline of 12.8 percent suggests a broader softening, though this is still relatively modest. What's more telling is that homes are selling near asking price (99.8 ratio) and moving faster than they were last month, with average days on market dropping from 59 to 51 days. This indicates there's still solid buyer interest despite price adjustments.
The disconnect between active listings and sales volume tells an interesting story. With 109 homes available but only 57 selling, inventory is building slightly, giving buyers more options than they had a few months ago. Sellers are listing aggressively at nearly $820,000 median asking price, but the market is responding by pulling prices down in actual transactions. This suggests many sellers' expectations haven't fully aligned with current buyer sentiment. Whether interest rates or broader economic factors are driving the caution remains unclear, but for now, Martinez appears to be in a buyers' market compared to the tighter conditions earlier in spring.
Martinez Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94553 | 57 | $710,000 | $516 | 51 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 44 | $787,500 | $531 |
| TOWNHOMES | 9 | $637,000 | $473 |
| CONDOS | 2 | $429,500 | $439 |
| CONDO | 1 | $343,500 | $385 |
| LAND | 1 | $92,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $200K - $299K | 1 |
| $300K - $399K | 3 |
| $400K - $499K | 2 |
| $500K - $749K | 23 |
| $750K+ | 27 |
Current Active Listings
As of this report, there are 109 active listings in Martinez with a median asking price of $819,950 and an average of 78 days on market.
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