RE/MAX Accord's Market Report

Pittsburg, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Pittsburg, CA

Sat Dec 15 2018
This week the median list price for Pittsburg, CA is $461,944 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 66. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Pittsburg, CA

Sat Dec 15 2018
This week the median list price for Pittsburg, CA is $461,944 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 66. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Pittsburg market.
Median List Price $461,944
Per Square Foot $279
Days on Market 47
Price Decreased 41%
Price Increased 6%
Relisted 20%
Inventory 66
Median House Rent
Most Expensive $760,000
Least Expensive $139,900
Market Action Index
Strong Seller's Market
50

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
$627,000 2,490 4,500 - 6,500 sqft 5 3 12 1 5 49
$485,000 1,646 4,500 - 6,500 sqft 3 2 31 4 3 42
$444,900 1,420 4,500 - 6,500 sqft 3 2 41 2 5 51
$339,500 1,278 4,500 - 6,500 sqft 3 2 70 0 4 47