Is Pleasant Hill, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Hill is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Pleasant Hill, CA

How much do homes in Pleasant Hill, CA cost?

Median Sold Price

$1,001,750

$592/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$34,750(+3.6%)

Key Takeaway

Homes in Pleasant Hill have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Pleasant Hill was $1,001,750 in May 2024, up 3.6% from last year, and the median price per square foot was $592.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $327.5K$375K
+14.5%
2 $615K$600K
-2.4%
3 $915K$920K
0.5%
4 $1.2M$1.2M
+6.5%
5+ $1.4M$1.4M
0.4%

Summary: Pleasant Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Cities

Walnut Creek
+5.9%
Pleasant Hill
+3.6%
Concord
+3.2%
Martinez
+2.2%
Central Contra Costa
+2.1%

Housing Supply in Pleasant Hill, CA

How many homes are available in Pleasant Hill, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6077+28.3%

Summary: The Pleasant Hill real estate market had 77 homes for sale in May 2024, a 28.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 23
+50.0%
2 812
+50.0%
3 2838
+35.7%
4 1619
+18.8%
5+ 65
-16.7%

Summary: The Pleasant Hill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2624-7.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Hill, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Pleasant Hill in May 2024, down by 7.7% month-over-month. Of the 22 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for Pleasant Hill, CA

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

Average Sale Time

May 2023May 2024CHANGE
17 Days14 Days-17.7%

Summary: Homes in Pleasant Hill had an average of 14 days on market in May 2024, down by 17.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 24 homes were sold in Pleasant Hill; 83% of homes were sold within 30 days, 13% 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 13 Days Ago

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