Kehrig Team's Market Report

Pleasant Hill, CA

Single-Family Homes

Bay Hill | Pacific Union Christie's International Real Estate | 925-487-6838



Pleasant Hill, CA

Sun Aug 18 2019
This week the median list price for Pleasant Hill, CA is $899,000 with the market action index hovering around 70. This is about the same as last month's market action index of 70. Inventory has held steady at or around 34. Click here to stay informed with the Pleasant Hill 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.

Pleasant Hill, CA

Sun Aug 18 2019
This week the median list price for Pleasant Hill, CA is $899,000 with the market action index hovering around 70. This is about the same as last month's market action index of 70. Inventory has held steady at or around 34. Click here to stay informed with the Pleasant Hill 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 Pleasant Hill market.
Median List Price $899,000
Per Square Foot $476
Days on Market 57
Price Decreased 32%
Price Increased 6%
Relisted 12%
Inventory 34
Median House Rent $2,998
Most Expensive $1,265,000
Least Expensive $611,000
Market Action Index
Strong Seller's Market
70

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
$1,134,500 2,512 8,000 - 10,000 sqft 5 3 31 2 1 36
$944,500 1,857 0.25 - 0.5 acre 4 3 57 2 0 147
$874,900 1,878 8,000 - 10,000 sqft 3 2 58 3 4 32
$729,000 1,509 6,500 - 8,000 sqft 3 2 69 1 2 18