Pittsburg home prices fall in the first half of 2019

Pittsburg home prices fall in the first half of 2019
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The median sale price of a home sold in the first half of 2019 in Pittsburg fell by $183,750 while total sales decreased by 88.2%, according to BlockShopper.com.

From January through June of 2019, there were two homes sold, with a median sale price of $316,250 – a 36.8% decrease over the $500,000 median sale price for the same period of the previous year. There were 17 homes sold in Pittsburg in the first half of 2018.

The median sales tax in Pittsburg for the most recent year with available data, 2015, was $1,909, approximately 0.6% of the median home sale price for the first half of 2019.

The following table compares Pittsburg to other Contra Costa County cities with similar median sales prices in the first half of 2019:

City Jan. – June 2019 Home Sales Jan. – June 2018 Home Sales % change (Total Home Sales) Jan. – June 2019 Median Sales Price Jan. – June 2018 Median Sales Price % change (Median Sales Price)
Concord 7 21 -66.7% $635,000 $610,000 4.1%
Martinez 2 9 -77.8% $592,000 $560,000 5.7%
Discovery Bay (Unincorporated) 1 6 -83.3% $510,000 $553,750 -7.9%
Martinez (Unincorporated) 1 3 -66.7% $475,000 $585,000 -18.8%
San Pablo (Unincorporated) 1 5 -80% $455,000 $475,000 -4.2%
Oakley 1 9 -88.9% $455,000 $425,000 7.1%
Richmond 6 19 -68.4% $450,000 $535,000 -15.9%
Antioch 6 29 -79.3% $447,500 $410,000 9.1%
Brentwood 3 22 -86.4% $445,000 $550,000 -19.1%
Pittsburg 2 17 -88.2% $316,250 $500,000 -36.8%
San Pablo 1 2 -50% $290,000 $512,500 -43.4%


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