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Pittsburg, CA

Pittsburg California Real Estate Market Update Including the March 2009 Median Home Price in Pittsburg CA

Vickie Nagy, Realtor, Pre-Foreclosure   Specialist Certified Call 925.407.7987: Real Estate Agent in San Ramon, CA

The March 2009 median home price in Pittsburg CA was $145,000 for single family detached homes*. There were 94 home sales of single family detached homes in Pittsburg CA, the highest priced home sold for $375,000 the lowest price home sold for $41,693. The average selling price of detached single family homes for March 2009 in Pittsburg California was $157,874. Your Pittsburg California real estate market update was written April 7th, 2009. These homes were on the market an average of 66 days. See below for information on single family homes sold on the low and high end.

Details on the home at 350 9th Street in Pittsburg CA that sold for $41,693 after 345 days on the market:

350 9th Street in Pittsburg CA that sold for $41,693

Details on the home at 143 Oakpoint Court in Pittsburg CA that sold for $375,000 after 54 days on the market:

143 Oakpoint Court in Pittsburg CA that sold for $375,000

Home sales activity is UP in Pittsburg CA. There are currently 340 single family detached homes pending sale in Pittsburg CA (or under contingency contract). The list price of these homes ranges from $51,250 to $530,000 and the median home price for single family homes pending sale in Pittsburg CA is $174,900.

The March 2009 median home price in Pittsburg CA was $82,250 for attached homes including duets, condos and townhomes. There were 14 attached units sold, the highest priced unit sold for $290,000 and the lowest price unit sold for $230,000. The average selling price of attached homes for March 2009 in Pittsburg California was $99,721. See below for information on attached homes sold on the low and high end.

Details on the duet at 109 E Trident Dr in Pittsburg CA that sold for $30,000 after 20 days on the market:

109 E Trident Dr in Pittsburg CA that sold for $30,000

Details on the townhomeat 186 Pelican Loop in Pittsburg CA that sold for $290,000 after 96 days on the market:

186 Pelican Loop in Pittsubrg CA that sold for $290,000

Click here to receive monthly Pittsburg CA real estate market updates

Click here to request a current list of homes for sale in Pittsburg

Home Sales volume and home sales activity is UP in Pittsburg CA! There are currently 35 attached homes pending sale in Pittsburg CA (or under contingency contract). The listing prices of these homes ranges from $39,900 to $325,000 and the median home price for attached homes pending sale in Pittsburg CA is $84,900.

As of April 7th, 2009 there are currently 387 properties on the market in Pittsburg CA. 246 of these are single family homes with a median list price of $189,900 for single family homes in Pittsburg CA. These homes are priced from $49,900 to $555,000. 33 of these are attached homes with a median list price of $99,000.

Recent archives of Pittsburg CA Real Estate Market Updates and Homes for Sale in Pittsburg CA include:

February 2009 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA

January 2009 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA

December 2008 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA

November 2008 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA

Buying or selling a home in Pittsburg CA or Pittsburg CA real estate, contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills who is truly focused on "Getting You Where You Need to Be!"

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Please contact Vickie Nagy for all of your real estate needs in Pittsburg, Orinda, Moraga, Lafayette, Alamo, Danville, San Ramon, Dublin, Pleasanton, Walnut Creek and Concord. Search the MLS - Keller Williams Realty

Visit Pittsburg CA Real Estate for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

Has Pittsburg California Hit The Housing Price Bottom?

Gene Riemenschneider East Contra Costa Home Sales 01492725: Real Estate Agent in Brentwood, CA

This is the market housing report about Homes for sale in Pittsburg California. The numbers here were taken from the Multiple Listing Service Covering all the Homes for sale in Pittsburg California on March 25, 2009. It includes only Single Family Homes for sale in Pittsburg California.

In January 2009 there were 101 home sales in Pittsburg, CA. The average price of the homes sold was $191,267.00, with a median price of $175,000.00.

In February 2009 the number of sales picked up, but the prices dropped hard. In February 125 homes sold in Pittsburg California. The average sale price of Homes in Pittsburg California was $166,541.00, with a median price of $153,000.00. This is a significant drop so I took another look at the numbers to see if there might be another explanation.

The average price per SF in January was $113.00 per SF. The average price of homes per SF in Pittsburg California in February 2009 was $93.00. The only explanation I can see is that a rapid price drop led to a 25% increase in sales for Homes in Pittsburg California for February 2009. Let me give you some more information below before continuing.

Currently there are 329 homes for sale in Pittsburg California. The average price of those homes in $191,552.00 and the median price is $184,000.00. The average price per SF is $117.00. These numbers may be skewed upwards by New Homes for Sale in Pittsburg California, but are still much higher than actual sales.

There is good news if you actually own a home in Pittsburg California; at this rate there is less than a 3 month supply of homes for sale in Pittsburg California. If this rate of sales keeps up the supply will be diminished rapidly and prices should be on the rise again. The sales increase is more than likely the direct result of banks lowering the price to rapidly move the back log of properties.

Remember, ever home is unique and if you want your home evaluated or if you want to estimate the value of a home you are interested in it is important to look at the actual neighborhood and specific comps. Please contact me and I will do this for free in Pittsburg California or anywhere else I can.

Pittsburg California Real Estate Market Update Including the February 2009 Median Home Price in Pittsburg CA

Vickie Nagy, Realtor, Pre-Foreclosure   Specialist Certified Call 925.407.7987: Real Estate Agent in San Ramon, CA

The February 2009 median home price in Pittsburg CA was $153,000 for single family detached homes*. There were 123 home sales of single family detached homes in Pittsburg CA, the highest priced home sold for $400,000 the lowest price home sold for $35,000. The average selling price of detached single family homes for February 2009 in Pittsburg California was $166,240. Your Pittsburg California real estate market update was written March 9th, 2009. These homes were on the market an average of 59 days. See below for information on single family homes sold on the low and high end:

Pittsburg CA Real Estate

Homes for sale in Pittsburg CA

Home sales activity is UP in Pittsburg CA. There are currently 258 single family detached homes pending sale in Pittsburg CA (or under contingency contract). The list price of these homes ranges from $44,900 to $530,000 and the median home price for single family homes pending sale in Pittsburg CA is $164,950.

The February 2009 median home price in Pittsburg CA was $86,500 for attached homes including duets, condos and townhomes. There were 6 attached units sold, the highest priced unit sold for $184,900 and the lowest price unit sold for $29,900. The average selling price of attached homes for February 2009 in Pittsburg California was $102,425. See below for information on attached homes sold on the low and high end:

Townhomes for sale in Pittsburg CA

More Townhomes for sale in Pittsburg CA

Click here to receive monthly Pittsburg CA real estate market updates

Click here to request a current list of homes for sale in Pittsburg

Home Sales volume and home sales activity is UP in Pittsburg CA! There are currently 25 attached homes pending sale in Pittsburg CA (or under contingency contract). The listing prices of these homes ranges from $39,900 to $325,000 and the median home price for attached homes pending sale in Pittsburg CA is $98,500.

As of March 9th, 2009 there are currently 401 properties on the market in Pittsburg CA. 358 of these are single family homes with a median list price of $193,500 for single family homes in Pittsburg CA. These homes are priced from $51,250 to $520,000. 43 of these are attached homes with a median list price of $89,900.

Recent archives of Pittsburg CA Real Estate Market Updates and Homes for Sale in Pittsburg CA include:

January 2009 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA, written February 11th, 2009

December 2008 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA, written January 10th, 2009

November 2008 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA, written December 15th, 2008

Buying or selling a home in Pittsburg CA or Pittsburg CA real estate, contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills who is truly focused on "Getting You Where You Need to Be!"

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Please contact Vickie Nagy for all of your real estate needs in Pittsburg, Orinda, Moraga, Lafayette, Alamo, Danville, San Ramon, Dublin, Pleasanton, Walnut Creek and Concord. Search the MLS - Keller Williams Realty

Visit Pittsburg CA Real Estate for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

Pittsburg California Real Estate Market Update Including the January 2009 Median Home Price in Pittsburg CA

Vickie Nagy, Realtor, Pre-Foreclosure   Specialist Certified Call 925.407.7987: Real Estate Agent in San Ramon, CA

The January 2009 median home price in Pittsburg CA was $177,500 for single family detached homes*. There were 98 home sales of single family detached homes in Pittsburg CA, the highest priced home sold for $460,000 the lowest price home sold for $35,872. The average selling price of detached single family homes for January 2009 in Pittsburg California was $194,020. Your Pittsburg California real estate market update was written February 11th, 2009. These homes were on the market an average of 57 days. See below for information on single family homes sold on the low and high end:

Homes for Sale in Pittsburg CA

Single Family Homes for Sale in Pittsburg CA

Home sales activity is UP in Pittsburg CA. There are currently 286 single family detached homes pending sale in Pittsburg CA (or under contingency contract). The list price of these homes ranges from $44,900 to $599,000 and the median home price for single family homes pending sale in Pittsburg CA is $173,700.

The January 2009 median home price in Pittsburg CA was $128,000 for attached homes including duets, condos and townhomes. There were 9 attached units sold, the highest priced unit sold for $177,900 and the lowest price unit sold for $55,000 (a 2 bedroom, 2 bath 884 sq ft condo). The average selling price of attached homes for January 2009 in Pittsburg California was $111,633. See below for information on attached homes sold on the low and high end:

Homes for sale in Bay Point CA

Townhomes for sale in Pittsburg CA

Click here to receive monthly Pittsburg CA real estate market updates

Click here to request a current list of homes for sale in Pittsburg

Home Sales volume and home sales activity is UP in Pittsburg CA! There are currently 17 attached homes pending sale in Pittsburg CA (or under contingency contract). The listing prices of these homes ranges from $29,900 to $319,500 and the median home price for attached homes pending sale in Pittsburg CA is $99,999.

As of February 11th, 2009 there are currently 444 properties on the market in Pittsburg CA. 391 of these are single family homes with a median list price of $179,900 for single family homes in Pittsburg CA. 53 of these are attached homes with a median list price of $91,000.

Recent archives of Pittsburg CA Real Estate Market Updates and Homes for Sale in Pittsburg CA include:

December 2008 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA, written February 11th, 2009

November 2008 Pittsburg CA real estate market snapshot and homes for sale in Pittsburg CA, written December 15th, 2008

Buying or selling a home in Pittsburg CA or Pittsburg CA real estate, contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills who is truly focused on "Getting You Where You Need to Be!"

Contact Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Please contact Vickie Nagy for all of your real estate needs in Pittsburg, Orinda, Moraga, Lafayette, Alamo, Danville, San Ramon, Dublin, Pleasanton, Walnut Creek and Concord. Search the MLS - Keller Williams Realty

Visit Pittsburg CA Real Estate for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

Buying a "Fixer-Upper"

Wolfgang Croskey: Real Estate Agent in Pittsburg, CA

The oft heard phrase "Buyer Beware" is never more appropriate than when considering the purchase of a fixer-upper.You really need to know exactly what you’re getting into before buying.

It’s commonly believed that fixer-upper properties represent easy money that is ripe for the taking - that you can buy it, do a little work on it in your spare time, and then resell quickly for a large profit. Usually, this simply isn't the case. Although, with proper planning and foresight, good profits can be made by buying "distressed" properties at less than market value, making appropriate improvements and repairs, and then reselling. And for many first time buyers who intend to live in the house while working on it, buying a fixer-upper can be the very best option. It’s less risky buying a fixer-upper when you can live in the house while fixing it. And of course, by living in the house for at least 24 months you should be able to avoid paying regular income taxes on the profits.

The most important thing to know before making a decision on such a purchase is what needs to be fixed. Any time you are spending money on improving a home with the notion of selling it later, strive to spend your money on things that buyers can easily see. Things like new paint and removing trash from the property cost little but have instant impact on curb appeal. Houses that have only cosmetic problems like peeling paint, a trashy yard, bad carpet or wallpaper are the best bet. This is especially true for the first time buyer looking to live in the house for a while before reselling. Fixing and cleaning cosmetic issues is fairly easy and inexpensive. It virtually always gives gives a good return on investment, particularly when you can do the work yourself. Kitchen and bathroom remodeling usually pays a nice return. Don’t be afraid of buying a fixer-upper in need of this kind of repair. Properties with structural damage, or a floor plan that requires major work to remedy, usually can’t be "fixed up" at a profit.

Always have an inspection for hidden damage performed by a home inspector or construction professional before buying a fixer-upper. Make sure that satisfactory completion of such inspections are a condition of purchase in any contract you sign. Then be sure to negotiate to try and get the seller to pay for all or part of the cost of needed repairs uncovered by the inspection. Often, sellers will be willing to lower the sales price to sell the home "as is" instead of paying for the repairs.

Be careful that you don’t over pay. Especially if you plan to resell quickly, paying too much up front can doom your plans for quick profit. Research the market for reselling and have an exit plan for selling the house in place before making an offer.