Is Pittsburg, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$611,583
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pittsburg have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Pittsburg was $611,583 in March 2024, up 0.5% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $262.5K | -4.5% |
| 2 Bedrooms | $425.2K | $422K | -0.8% |
| 3 Bedrooms | $555K | $550K | -0.9% |
| 4 Bedrooms | $655K | $670K | +2.3% |
| 5+ Bedrooms | $850K | $837.7K | -1.4% |
Summary: Pittsburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Antioch | $610K | $620.3K | +1.7% |
| Pittsburg | $608.5K | $611.5K | 0.5% |
| Fairfield-Suisun City | $591.5K | $589.5K | -0.3% |
| Antioch-Pittsburg | $575K | $568K | -1.2% |
| Central Contra Costa | $1.0M | $983.6K | -1.7% |
Housing Supply in Pittsburg, CA
How many homes are available in Pittsburg, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 84 | +7.7% |
Summary: The Pittsburg real estate market had 84 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 39 | 40 | +2.6% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Pittsburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 2.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsburg, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Pittsburg in March 2024, up by 7.4% month-over-month. Of the 26 sold homes, 27% were sold under asking, 19% were sold at asking, and 54% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 26 Days | -16.1% |
Summary: Homes in Pittsburg had an average of 26 days on market in Mar 2024, down by 16.1% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pittsburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 29 homes were sold in Pittsburg; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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