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Pittsburg Homes - They are buying Like Pirates!!!

By
Real Estate Broker/Owner with Home Point Real Estate DRE # 01492725

Pittsburg is one of the most exciting markets in East Contra Costa County. Home Buyers can find excellent Homes in Pittsburg at great prices, but I suspect investors are snatching up the homes at rock bottom prices These numbers are pulled from the MLS on May 11, 2009 and focus on Single Family Homes.

In April 103 homes sold in Pittsburg. The Average Price of those Pittsburg Homes sold was $167,690.00 and the Median Price was $146,0.00. The homes sold spent an average of 63 days on the market and the average price per SF was $101.00.

These March Figures are little different than Last Months Market Report due to late reporting on the MLS. In March 110 homes sold in Pittsburg. The Average Price of those Pittsburg Homes sold was $162,212.00 and the Median Price was $145,500.00. The homes sold spent an average of 64 days on the market and the average price per SF was $105.00.

The key figure to pay attention to is the average price per SF. The average price is down slightly from last month, but the average over all price is up.

As of today there are 173 homes on the market. The average asking price is $216854.00 and the median asking price is $210,000.00. The average home has been on the market 116 days and the average asking price per SF is $128.00. The number of homes on the market is only a month and a half supply.  The number of homes on the market is down and the asking price from last month is up slightly.  

The pirates better get the treasure and get going before the market turns.

Each home is unique and if you want an evaluation of your home please let me know.

If you are interested in Buying a Home or Selling a Home in Pittsburg or anywhere in East Contra Costa County, Brentwood, Antioch, Discovery Bay, Oakley and others please contact me. I specialize in helping buyers of Bank Owned Homes. For regular updates please subscribe to this blog.

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Matt Listro
National Credit Fixers - Matt Listro - Vernon, CT
Your Credit Repair Expert

Hi Gene: Thanks for the update - I thing the price per square foot is the most important too!

:)

May 13, 2009 02:29 AM