Living in Contra Costa County

Pittsburg CA Home Prices – October 2016

Pittsburg CA Home Prices – October 2016

Pittsburg CA Home Prices continue on an upward trend, but have leveled off in the last couple of months. This may be a temporary leveling off after the extraordinary price increases in the spring (almost 10%).

Pittsburg CA Homes

Pittsburg CA Homes are well priced homes that offer an easy commute to central Contra Costa County and beyond. The Homes in the Hills of Pittsburg CA offer fantastic views of the delta. Pittsburg Ca Water Front Homes with Deep Water Docks. There are many newer Executive Style Homes as well as Nice Single Story Ranch Style Homes in established neighborhoods. The downtown is a revitalized and exciting place to go and hang out.

 

Let's look at Single Family Home Prices in Pittsburg CA for the past year.

 

PERIOD

#

HIGH

LOW

AVERAGE

DOM*

PPSF**

Oct – Dec 2015

174

$731,593.00

$215,000.00

$390,818.00

27

$212.53

Jan – March 2016

160

$712,000.00

$185,000.00

$430,438.00

26

$217.14

April – June 2016

176

$752,415.00

$207,000.00

$433,219.00

24

$236.41

July – Sept 2016

150

$807,320.00

$195,000.00

$420,573.00

20

$236.07

Active 10/3/16

83

$787,900.00

$199,900.00

$469,123.00

33

$231.60

* Days on Market (Average) ** Price Per SF (Average)


Pittsburg Home Prices
seemed to have leveled off in this past quarter, but I really think they will remain brisk with continued price increases. A couple of indications of this is the the current asking price per SF is less than the sold price per SF for the last quarter; and there is only a month and a half supply of inventory. Anything less than a 4 month supply is considered a Sellers Market; this is a Strong Sellers Market.

 

Did I mention that Pittsburg CA even has it's own Minor League Baseball Team. The Pittburg Diamonds of the independent Pacific Association.  

 

Home Point Real Estate is Located in Brentwood CA and provided Real Estate Services to the East Contra Costa County communities of Brentwood, Oakley, Antioch, Discovery Bay, Bay Point, Pittsburg, Bethel Island, Byron and beyond; working with Buyers, Sellers and Investors.

 

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By Gene Riemenschneider

Broker and Owner

Home Point Real Estate  - 925-260-4321 - Turning Houses into Homes

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Gene Riemenschneider
Owner/Broker
Home Point Real Estate
50 Sand Creek Road, Suite 316
Brentwood, CA 94513
925-260-4321
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