Is Contra Costa County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Contra Costa County has remained a Seller's Market.
Housing Prices in Contra Costa County, CA
How much do homes in Contra Costa County, CA cost?
Median Sold Price
$793,499
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Contra Costa County was $793,499 in February 2024, down 3.7% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $379.6K | $360K | -5.2% |
2 Bedrooms | $585.5K | $590.2K | +0.8% |
3 Bedrooms | $775.3K | $753.1K | -2.9% |
4 Bedrooms | $1.0M | $1.0M | -3.5% |
5+ Bedrooms | $1.3M | $1.2M | -2.3% |
Summary: Contra Costa County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Counties
Alameda County | $1.1M | $1.0M | -2.4% |
Solano County | $584.7K | $569.6K | -2.6% |
Contra Costa County | $823.6K | $793.4K | -3.7% |
Housing Supply in Contra Costa County, CA
How many homes are available in Contra Costa County, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1,615 | 1,846 | +14.3% |
Summary: The Contra Costa County real estate market had 1,846 homes for sale in February 2024, a 14.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 59 | 75 | +27.1% |
2 Bedrooms | 376 | 427 | +13.6% |
3 Bedrooms | 527 | 593 | +12.5% |
4 Bedrooms | 447 | 519 | +16.1% |
5+ Bedrooms | 206 | 232 | +12.6% |
Summary: The Contra Costa County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 12.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
473 | 575 | +21.6% |
Asking Price vs. Sold Price
149 Homes Were Sold
Under Asking
91 Homes Were Sold
At Asking
294 Homes Were Sold
Over Asking
Summary: A total of 575 homes were sold or pending in Contra Costa County in February 2024, up by 21.6% month-over-month. Of the 534 sold homes, 28% were sold under asking, 17% were sold at asking, and 55% were sold over asking.
Days on Market for Contra Costa County, CA
How long does it take to sell a home in Contra Costa County, CA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
36 Days | 24 Days | -32.9% |
Summary: Homes in Contra Costa County had an average of 24 days on market in Feb 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
419 Homes Were Sold
Under 30 Days
87 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Summary: During February 2024, 575 homes were sold in Contra Costa County; 73% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.