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 October 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

$374/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 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 October 2024, the same as last year, and the median price per square foot was $374.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $255K$250K
-2.0%
2 $420K$415K
-1.2%
3 $540K$563K
+4.3%
4 $651.5K$650K
-0.2%
5+ $837.5K$815K
-2.7%

Summary: Pittsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Cities

Central Contra Costa
+5.3%
Fairfield-Suisun City
+4.2%
Antioch-Pittsburg
+2.6%
Antioch
+1.6%
Pittsburg
0.0%

Housing Supply in Pittsburg, CA

How many homes are available in Pittsburg, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1411410.0%

Summary: The Pittsburg real estate market had 141 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 2113
-38.1%
3 5161
+19.6%
4 4645
-2.2%
5+ 2019
-5.0%

Summary: The Pittsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 38.1%, 3 bedroom homes increased by 19.6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
40400.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pittsburg, you could pay more than the asking price. 62.9% of homes here sold above asking price last month.

Summary: A total of 40 homes were sold or pending in Pittsburg in October 2024, the same as the previous month. Of the 35 sold homes, 23% were sold under asking, 14% were sold at asking, and 63% 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

Oct 2023Oct 2024CHANGE
27 Days26 Days-4.4%

Summary: Homes in Pittsburg had an average of 26 days on market in Oct 2024, down by 4.4% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 40 homes were sold in Pittsburg; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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

Newest Listings in Pittsburg, CA

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