Pleasant Hill Real Estate Market Update — June 2026

What's happening right now in 94523

The Pleasant Hill housing market is holding steady in strong seller's market territory this week, with a few signals worth watching if you're thinking about buying or selling.

The Big Number: $1,137,500

That's the median list price for single-family homes in Pleasant Hill right now (week of June 24, 2026). New listings are coming in a bit lower — around $1,050,000 — which means sellers already on the market are priced above what fresh competition is asking. Something to keep an eye on.

Price per square foot: $644

Market Action Index: 57 — Strong Seller's Market

Altos Research tracks something called the Market Action Index (MAI), which compares how fast homes are selling against available inventory. Anything above 30 favors sellers. At 57, Pleasant Hill is firmly in seller's market territory — and it ticked up from 54 last month.

Translation: demand is still outpacing supply.

Inventory Is Thin — But Growing

There are currently 34 homes on the market in Pleasant Hill. That number has been creeping up, which is worth noting. More inventory gives buyers slightly more breathing room, but we're still at levels that keep sellers in control.

The MAI moving up while inventory rises is a sign that buyer demand is absorbing new listings as fast as they're coming on. If that absorption rate slows down, we'll start to see price pressure ease.

What the Data Actually Shows

A few things stand out here:

41% of homes have had a price reduction. That's not a small number. It tells you that sellers are testing the ceiling and adjusting. If you're a buyer, this is your leverage point — especially on homes that have been sitting.

Median days on market is 28, but average is 58. The gap between those two numbers is significant. It means the right homes in the right condition are moving quickly, while overpriced or dated listings are sitting and dragging the average up. Priced well, homes are still selling fast.

Market Segments: Where the Action Is

The Pleasant Hill market breaks into four price tiers right now:

The fastest-moving segment is the sub-$1M tier — 14 days on market. Entry-level inventory in Pleasant Hill is being absorbed quickly. The slowest segment is the bottom tier at $877,500, sitting at 56 days. These are the older, smaller homes (average age: 76 years) that buyers are being more selective about.

The Bottom Line

Pleasant Hill is still a seller's market, but it's not a runaway one. Prices have plateaued over the past several weeks. Inventory is nudging higher. And 4 out of 10 sellers have already had to cut their price.

For sellers: Now is still a good time to sell — but pricing right out of the gate matters more than ever. Chasing the market down costs you time and money.

For buyers: The leverage is in the data. Nearly half the market has reduced prices. Homes sitting over 30 days are negotiable. Don't let "seller's market" scare you out of making a strong, well-structured offer.

Questions about how this affects your specific situation?

Whether you're buying, selling, or just keeping tabs on your equity, I'm happy to walk you through it. No pressure, just real information.

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Data sourced from Altos Research, week of June 24, 2026. Single-family homes, Pleasant Hill CA 94523.

Kurt Kessler | Mortgage Broker | NMLS #365130 | Barrett Financial Group Kessler.Mortgage | KurtKessler.com