Is East Contra Costa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, East Contra Costa has remained a Seller's Market.
Key Takeaway
East Contra Costa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Contra Costa, CA
How much do homes in East Contra Costa, CA cost?
Median Sold Price
$750,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in East Contra Costa has remained the same since last year.
Summary: The median home sold price in East Contra Costa was $750,000 in May 2024, up 0.4% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $380K | -2.6% |
| 2 Bedrooms | $650K | $659.9K | +1.5% |
| 3 Bedrooms | $660K | $680K | +3.0% |
| 4 Bedrooms | $764.6K | $780.1K | +2.0% |
| 5+ Bedrooms | $869K | $905K | +4.1% |
Summary: East Contra Costa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in East Contra Costa, CA
How many homes are available in East Contra Costa, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 471 | 529 | +12.3% |
Summary: The East Contra Costa real estate market had 529 homes for sale in May 2024, a 12.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 67 | 56 | -16.4% |
| 3 Bedrooms | 135 | 160 | +18.5% |
| 4 Bedrooms | 181 | 207 | +14.4% |
| 5+ Bedrooms | 88 | 106 | +20.5% |
Summary: The East Contra Costa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 142 | 152 | +7.0% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
78 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Contra Costa, you could pay more than the asking price. 53.1% of homes here sold above asking price last month.
Summary: A total of 152 homes were sold or pending in East Contra Costa in May 2024, up by 7.0% month-over-month. Of the 147 sold homes, 32% were sold under asking, 15% were sold at asking, and 53% were sold over asking.
Days on Market for East Contra Costa, CA
How long does it take to sell a home in East Contra Costa, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 19 Days | -33.4% |
Summary: Homes in East Contra Costa had an average of 19 days on market in May 2024, down by 33.4% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Contra Costa are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 152 homes were sold in East Contra Costa; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.