Pittsburg home prices fall in the first quarter of 2019

Pittsburg home prices fall in the first quarter of 2019
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The median sale price of a home sold in the first quarter of 2019 in Pittsburg fell by $183,750 while total sales decreased by 81.8%, according to BlockShopper.com.

From January through March 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 11 homes sold in Pittsburg in the first quarter 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 quarter of 2019.

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

City Jan. – Mar. 2019 Home Sales Jan. – Mar. 2018 Home Sales % change (Total Home Sales) Jan. – Mar. 2019 Median Sales Price Jan. – Mar. 2018 Median Sales Price % change (Median Sales Price)
Concord 7 15 -53.3% $635,000 $585,000 8.5%
Martinez 2 9 -77.8% $592,000 $560,000 5.7%
Discovery Bay (Unincorporated) 1 4 -75% $510,000 $558,500 -8.7%
Martinez (Unincorporated) 1 1 0% $475,000 $850,000 -44.1%
San Pablo (Unincorporated) 1 5 -80% $455,000 $475,000 -4.2%
Oakley 1 6 -83.3% $455,000 $425,000 7.1%
Richmond 6 12 -50% $450,000 $526,500 -14.5%
Antioch 6 18 -66.7% $447,500 $407,500 9.8%
Brentwood 3 16 -81.3% $445,000 $547,750 -18.8%
Pittsburg 2 11 -81.8% $316,250 $500,000 -36.8%
San Pablo 1 0 $290,000 $0


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