The Pleasant Hill real estate market is generally slow at this time of year. And now that vacations are likely over and school has resumed things may turn a corner once Fall hits. Currently there is an intense demand and constrained inventory, in addition to homebuyers sitting this market out. All of this leads to fluctuations in all aspects of the Pleasant Hill real estate market. The median sale price is increased by 6% year over year, from $570,000 to $605,000. Also, the number of properties sold in the month has gone down by roughly 22%, from 38 to 30. And lastly, the number of new properties coming on the market per month is down 32% from 44 to 30. As one can see, numbers are all over the place for the Pleasant Hill real estate market. Fall is projected to bring spikes in inventory so it will be interesting to see what this does to the the market.
Community Event:
When: Saturday, September 27
Where: Begins at Pleasant Hill Park, 147 Gregory Lane
Time: 7:30 a.m. – 3:00 p.m.
Hundreds of volunteers converge on Pleasant Hill Park for a free Pancake Breakfast by the Lions Club, receive a free event T-Shirt and then disperse to work on more than twenty community cleanup projects around the City of Pleasant Hill.
To sign up as a volunteer or to submit a project go to www.pleasant-hill.net/CSD or call (925) 671-5229.
Comments(1)