RE/MAX Accord's Market Report

Pleasant Hill, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Pleasant Hill, CA

Sun Jul 21 2019
This week the median list price for Pleasant Hill, CA is $944,475 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has held steady at or around 32. 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

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.

Pleasant Hill, CA

Sun Jul 21 2019
This week the median list price for Pleasant Hill, CA is $944,475 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has held steady at or around 32. 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

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 Pleasant Hill market.
Median List Price $944,475
Per Square Foot $471
Days on Market 60
Price Decreased 38%
Price Increased 3%
Relisted 13%
Inventory 32
Median House Rent $3,298
Most Expensive $1,350,000
Least Expensive $675,000
Market Action Index
Strong Seller's Market
73

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
$1,212,000 2,634 8,000 - 10,000 sqft 5 3 35 2 0 30
$991,500 2,202 8,000 - 10,000 sqft 4 2 63 0 1 96
$862,450 1,732 8,000 - 10,000 sqft 3 2 50 1 1 97
$762,500 1,540 8,000 - 10,000 sqft 4 2 68 3 3 16