RE/MAX Accord's Market Report

Pittsburg, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Pittsburg, CA

Thu Dec 26 2024
This week the median list price for Pittsburg, CA is $642,425 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 56. Click here to stay informed with the Pittsburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Pittsburg, CA

Thu Dec 26 2024
This week the median list price for Pittsburg, CA is $642,425 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 56. Click here to stay informed with the Pittsburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Pittsburg market.
Median List Price $642,425
Median Price of New Listings $589,000
Per Square Foot $365
Average Days on Market 70
Median Days on Market 42
Price Decreased 32%
Price Increased 4%
Relisted 5%
Inventory 56
Median Rent
Market Action 48
Strong Seller's Market

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
$958,500 2,882 4,500 - 6,500 sqft 5 3 7 3 0 35
$686,500 1,758 6,500 - 8,000 sqft 4 2 36 0 1 63
$599,975 1,368 4,500 - 6,500 sqft 3 2 49 3 3 24
$507,222 1,308 4,500 - 6,500 sqft 3 2 72 2 4 70