Martinez Real Estate

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Martinez Community and Real Estate Info in California

Martinez is located in Contra Costa County, California, a family-friendly community where 35,000 residents call home. It is conveniently located near HWY-4 and I-680, next to Pleasant Hill, Concord, and Lafayette. Residents enjoy its waterfront homes, scenic backdrop of rolling hills and proximity to the cities of the San Francisco Bay area, Sacramento and San Jose. Martinez is near three major airports: Oakland International, San Francisco International and San Jose International. Buses and Amtrak provide further transportation.

Martinez Economy
Commercial, industrial, high-tech and health care businesses, such as Equilon, Kaiser Permanente and Tosco, dominate Martinez?s economy. Public school students are served by the Martinez Unified School District, which maintains standard elementary and secondary schools as well as a continuation high school. Martinez has more than a dozen parks that offer facilities such as basketball courts and ball fields.

Recreation in Martinez
Homeowners enjoy even more recreational options at nearby Mt. Diablo State Park, Point Reyes National Seashore, China Camp State Park and Don Edwards San Francisco Bay National Wildlife Refuge. Yosemite National Park and Lake Tahoe provide ideal weekend getaways. Delightful and educational attractions in Martinez include the Martinez Historical Museum and John Muir National Historic Site.

Real estate in Martinez is diverse, with single-family homes, condos and townhouses making up the majority of the market. Many properties include striking views of the surrounding hillsides and valleys, and many lots and estates of land?particularly in the serene and beautiful Alhambra Valley?provide for many custom home building opportunities.

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Real Estate Market: Price Range of Martinez Houses for Sale

The Real Estate Market in Martinez, California mainly consists of single-family homes for sale. Prices for these Contra Costa County homes range from the $150,000 for 3-4 bedrooms to the upper $900,000s for large, luxury, million dollar estate properties with 4-5 bedrooms. Many homes feature Victorian, contemporary or Mediterranean styles and have two-car garages and views of hills, mountain, valleys or the canyons.

Some newer luxury homes in Martinez are priced at $1.5 million+ and include lush landscaping, trees, three-car garages, long driveways, privacy, mountain or ocean views, decks, porches, backyards and remodeled kitchens, wood floors, marble countertops, custom paint and staircases. A limited selection of Martinez condominiums and townhouses are also available. Condos and townhomes in Martinez are priced from $135,000 to $315,000 and typically have one or two-car garages, 2-3 bedrooms, and forested or wooded views. Land in Martinez and lots for custom real estate building for custom homes are limited, but available.

Martinez Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $582,665 compared to $582,665 the previous week, to remain steady with no change in listing price.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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