RE/MAX Accord's Market Report
Pittsburg, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Pittsburg, CA
Tue Jan 19 2021
This week the median list price for Pittsburg, CA is $665,157 with the market action index hovering around 88. This is about the same as last month's market action index of 88. Inventory has held steady at or around 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $665,157 | |
| Per Square Foot | $305 | |
| Days on Market | 28 | |
| Price Decreased | 6% | |
| Price Increased | 13% | |
| Relisted | 0% | |
| Inventory | 16 | |
| Median Rent | $2,300 | |
| Most Expensive | $857,000 | |
| Least Expensive | $427,900 | |
| Market Action | 88 | |
| Strong Seller's Market | ||
Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $824,402 | 2,770 | 0 - 4,500 sqft | 5 | 3 | 0 | 2 | 2 | 38 |
| $749,999 | 2,449 | 0 - 4,500 sqft | 4 | 3 | 1 | 2 | 1 | 28 |
| $620,000 | 2,098 | 0 - 4,500 sqft | 4 | 2 | 12 | 2 | 3 | 33 |
| $504,450 | 1,633 | 6,500 - 8,000 sqft | 3 | 2 | 47 | 2 | 3 | 12 |