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 November 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

$599,625

$373/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,375(-0.9%)

Key Takeaway

Homes in Pittsburg have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Pittsburg was $599,625 in November 2024, down 0.9% from last year, and the median price per square foot was $373.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $255K$250K
-2.0%
2 $429K$422K
-1.6%
3 $540K$564.2K
+4.5%
4 $665K$650K
-2.3%
5+ $839K$810K
-3.5%

Summary: Pittsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Cities

Central Contra Costa
+6.2%
Fairfield-Suisun City
+3.2%
Antioch-Pittsburg
+1.1%
Antioch
0%
Pittsburg
-0.9%

Housing Supply in Pittsburg, CA

How many homes are available in Pittsburg, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
132119-9.8%

Summary: The Pittsburg real estate market had 119 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1613
-18.8%
3 5649
-12.5%
4 4138
-7.3%
5+ 1717
0.0%

Summary: The Pittsburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4235-16.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 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. 42.4% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Pittsburg in November 2024, down by 16.7% month-over-month. Of the 33 sold homes, 42% were sold under asking, 15% were sold at asking, and 42% 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

Nov 2023Nov 2024CHANGE
30 Days30 Days+2.3%

Summary: Homes in Pittsburg had an average of 30 days on market in Nov 2024, up by 2.3% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

8 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 November 2024, 35 homes were sold in Pittsburg; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 6% 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 17 Days Ago

Newest Listings in Pittsburg, CA

Nearby Markets to Pittsburg, CA

What housing markets are near Pittsburg, CA?