Is Central Contra Costa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Central Contra Costa has remained a Seller's Market.
Housing Prices in Central Contra Costa, CA
How much do homes in Central Contra Costa, CA cost?
Median Sold Price
$983,625
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Central Contra Costa was $983,625 in March 2024, down 1.7% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $362.5K | -0.7% |
2 Bedrooms | $605.5K | $620K | +2.4% |
3 Bedrooms | $947.7K | $928K | -2.1% |
4 Bedrooms | $1.5M | $1.4M | -4.3% |
5+ Bedrooms | $2.0M | $2.0M | -1.0% |
Summary: Central Contra Costa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
Walnut Creek | $850K | $862.1K | +1.4% |
Concord | $757.2K | $757.4K | 0.0% |
Central Contra Costa | $1.0M | $983.6K | -1.7% |
Pleasant Hill | $995.8K | $977.5K | -1.8% |
Lafayette | $1.9M | $1.8M | -5.7% |
Housing Supply in Central Contra Costa, CA
How many homes are available in Central Contra Costa, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
912 | 1,159 | +27.1% |
Summary: The Central Contra Costa real estate market had 1,159 homes for sale in March 2024, a 27.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 51 | 69 | +35.3% |
2 Bedrooms | 263 | 311 | +18.3% |
3 Bedrooms | 251 | 309 | +23.1% |
4 Bedrooms | 244 | 322 | +32.0% |
5+ Bedrooms | 103 | 148 | +43.7% |
Summary: The Central Contra Costa housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.3%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 43.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
279 | 358 | +28.3% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
216 Homes Were Sold
Over Asking
Summary: A total of 358 homes were sold or pending in Central Contra Costa in March 2024, up by 28.3% month-over-month. Of the 341 sold homes, 22% were sold under asking, 14% were sold at asking, and 63% were sold over asking.
Days on Market for Central Contra Costa, CA
How long does it take to sell a home in Central Contra Costa, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 18 Days | -20.8% |
Summary: Homes in Central Contra Costa had an average of 18 days on market in Mar 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
297 Homes Were Sold
Under 30 Days
42 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 358 homes were sold in Central Contra Costa; 83% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.