Is Pittsburg, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pittsburg is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Pittsburg has remained a Seller's Market.

Key Takeaway

Pittsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pittsburg, CA

How much do homes in Pittsburg, CA cost?

Median Sold Price

$600,000

$370/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since June 2023.

Key Takeaway

The sold price of homes in Pittsburg has remained the same since last year.

Summary: The median home sold price in Pittsburg was $600,000 in June 2024, the same as last year, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $307.5K$270K
-12.2%
2 $429.4K$410K
-4.5%
3 $549.5K$557.5K
+1.5%
4 $630K$665K
+5.6%
5+ $850K$832.5K
-2.1%

Summary: Pittsburg housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Cities

Fairfield-Suisun City
+5.2%
Central Contra Costa
+3.0%
Antioch
+2.6%
Antioch-Pittsburg
+2.5%
Pittsburg
0.0%

Housing Supply in Pittsburg, CA

How many homes are available in Pittsburg, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
114125+9.6%

Summary: The Pittsburg real estate market had 125 homes for sale in June 2024, a 9.6% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
+100.0%
2 139
-30.8%
3 4449
+11.4%
4 3942
+7.7%
5+ 1824
+33.3%

Summary: The Pittsburg housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
3431-8.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pittsburg, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Pittsburg in June 2024, down by 8.8% month-over-month. Of the 27 sold homes, 44% were sold under asking, 15% were sold at asking, and 41% were sold over asking.

Days on Market for Pittsburg, CA

How long does it take to sell a home in Pittsburg, CA?

Average Sale Time

Jun 2023Jun 2024CHANGE
15 Days24 Days+55.5%

Summary: Homes in Pittsburg had an average of 24 days on market in Jun 2024, up by 55.5% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pittsburg are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 31 homes were sold in Pittsburg; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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