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 April 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

$980,007

$589/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,340(+0.9%)

Key Takeaway

Homes in Pleasant Hill have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Pleasant Hill was $980,007 in April 2024, up 0.9% from last year, and the median price per square foot was $589.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $315K$375K
+19.0%
2 $596.5K$614K
+2.9%
3 $930K$920K
-1.1%
4 $1.2M$1.3M
+5.4%
5+ $1.4M$1.4M
+1.2%

Summary: Pleasant Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Cities

Walnut Creek
+5.0%
Concord
+2.5%
Pleasant Hill
+0.9%
Martinez
0.5%
Central Contra Costa
-0.9%

Housing Supply in Pleasant Hill, CA

How many homes are available in Pleasant Hill, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5163+23.5%

Summary: The Pleasant Hill real estate market had 63 homes for sale in April 2024, a 23.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 69
+50.0%
3 2328
+21.7%
4 1717
0.0%
5+ 36
+100.0%

Summary: The Pleasant Hill housing inventory by bedroom type for April 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 21.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2126+23.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 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. 58.3% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in Pleasant Hill in April 2024, up by 23.8% month-over-month. Of the 24 sold homes, 38% were sold under asking, 4% were sold at asking, and 58% 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

Apr 2023Apr 2024CHANGE
11 Days16 Days+38.6%

Summary: Homes in Pleasant Hill had an average of 16 days on market in Apr 2024, up by 38.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 April 2024, 26 homes were sold in Pleasant Hill; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% 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 16 Days Ago

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