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 June 2023
Since last year, East Contra Costa has remained a Seller's Market.
Housing Prices in East Contra Costa, CA
How much do homes in East Contra Costa, CA cost?
Median Sold Price
$752,627
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in East Contra Costa was $752,627 in June 2024, up 1.9% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $407.5K | $335K | -17.8% |
2 Bedrooms | $650K | $657.4K | +1.1% |
3 Bedrooms | $650.6K | $677.1K | +4.1% |
4 Bedrooms | $760.3K | $780K | +2.6% |
5+ Bedrooms | $858.3K | $905K | +5.4% |
Summary: East Contra Costa housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.8%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in East Contra Costa, CA
How many homes are available in East Contra Costa, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
523 | 533 | +1.9% |
Summary: The East Contra Costa real estate market had 533 homes for sale in June 2024, a 1.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 56 | 56 | 0.0% |
3 Bedrooms | 156 | 162 | +3.8% |
4 Bedrooms | 206 | 208 | +1.0% |
5+ Bedrooms | 105 | 107 | +1.9% |
Summary: The East Contra Costa housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 1.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
156 | 127 | -18.6% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
59 Homes Were Sold
Over Asking
Summary: A total of 127 homes were sold or pending in East Contra Costa in June 2024, down by 18.6% month-over-month. Of the 118 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 21 Days | -20.1% |
Summary: Homes in East Contra Costa had an average of 21 days on market in Jun 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
93 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 127 homes were sold in East Contra Costa; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.