RE/MAX Accord's Market Report

Pleasant Hill, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Pleasant Hill, CA

Fri Sep 20 2019
This week the median list price for Pleasant Hill, CA is $877,700 with the market action index hovering around 64. This is less than last month's market action index of 73. Inventory has held steady at or around 27. Click here to stay informed with the Pleasant Hill market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Pleasant Hill, CA

Fri Sep 20 2019
This week the median list price for Pleasant Hill, CA is $877,700 with the market action index hovering around 64. This is less than last month's market action index of 73. Inventory has held steady at or around 27. Click here to stay informed with the Pleasant Hill market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Pleasant Hill market.
Median List Price $877,700
Per Square Foot $478
Days on Market 58
Price Decreased 37%
Price Increased 0%
Relisted 15%
Inventory 27
Median House Rent $3,200
Most Expensive $1,339,000
Least Expensive $665,000
Market Action Index
Strong Seller's Market
64

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
$993,500 2,310 8,000 - 10,000 sqft 4 3 47 2 3 74
$899,950 1,878 8,000 - 10,000 sqft 4 2 56 1 0 50
$850,000 1,705 8,000 - 10,000 sqft 4 2 51 3 2 71
$729,000 1,512 6,500 - 8,000 sqft 4 2 63 2 3 39