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 March 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
$351/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Contra Costa have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in East Contra Costa was $750,000 in March 2024, down 1.3% from last year, and the median price per square foot was $351.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | $380K | -3.8% |
| 2 Bedrooms | $659.5K | $650K | -1.4% |
| 3 Bedrooms | $675K | $675K | 0.0% |
| 4 Bedrooms | $799.4K | $778.6K | -2.6% |
| 5+ Bedrooms | $910K | $890K | -2.2% |
Summary: East Contra Costa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in East Contra Costa, CA
How many homes are available in East Contra Costa, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 312 | 370 | +18.6% |
Summary: The East Contra Costa real estate market had 370 homes for sale in March 2024, a 18.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 48 | 62 | +29.2% |
| 3 Bedrooms | 95 | 111 | +16.8% |
| 4 Bedrooms | 111 | 128 | +15.3% |
| 5+ Bedrooms | 58 | 69 | +19.0% |
Summary: The East Contra Costa housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 83 | 81 | -2.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
41 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. 53.9% of homes here sold above asking price last month.
Summary: A total of 81 homes were sold or pending in East Contra Costa in March 2024, down by 2.4% month-over-month. Of the 76 sold homes, 29% were sold under asking, 17% were sold at asking, and 54% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 22 Days | -43.7% |
Summary: Homes in East Contra Costa had an average of 22 days on market in Mar 2024, down by 43.7% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 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 March 2024, 81 homes were sold in East Contra Costa; 75% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 4% 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.