The charts below show the Pinetop real estate activity for the last 12 months. There were 302 active listings for homes for sale in Pinetop in May, compared to 252 homes for sale in April. There were 18 homes in Pinetop sold in May compared to only 14 in April. The median price of the homes sold increased from $249,850 to $269,875. “Rate of Absorption” is the length of time it would take to sell the homes currently on the market at the current rate of home sales. This does not include any new listings and that the rate of home sales remains constant. The Rate of Absorption in May was 16.1 months.