RE/MAX Accord's Market Report

Pittsburg, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Pittsburg, CA

Fri Apr 19 2019
This week the median list price for Pittsburg, CA is $479,950 with the market action index hovering around 61. This is an increase over last month's market action index of 59. Inventory has held steady at or around 59. Click here to stay informed with the Pittsburg market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Pittsburg, CA

Fri Apr 19 2019
This week the median list price for Pittsburg, CA is $479,950 with the market action index hovering around 61. This is an increase over last month's market action index of 59. Inventory has held steady at or around 59. Click here to stay informed with the Pittsburg market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Pittsburg market.
Median List Price $479,950
Per Square Foot $270
Days on Market 39
Price Decreased 20%
Price Increased 8%
Relisted 14%
Inventory 59
Median House Rent
Most Expensive $2,195,000
Least Expensive $99,900
Market Action Index
Strong Seller's Market
61

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$659,560 2,461 4,500 - 6,500 sqft 4 3 5 4 3 41
$545,000 2,014 4,500 - 6,500 sqft 4 3 19 8 1 15
$459,000 1,679 4,500 - 6,500 sqft 4 2 42 5 4 61
$350,000 1,167 0 - 4,500 sqft 3 2 46 3 2 39