Is Walnut Creek, 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, Walnut Creek has remained a Seller's Market.
Housing Prices in Walnut Creek, CA
How much do homes in Walnut Creek, CA cost?
Median Sold Price
$875,416
$603/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Walnut Creek was $875,416 in June 2024, up 3.9% from last year, and the median price per square foot was $603.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $347K | $385K | +11.0% |
2 Bedrooms | $618.9K | $627K | +1.3% |
3 Bedrooms | $1.1M | $1.2M | +5.1% |
4 Bedrooms | $1.5M | $1.5M | +5.3% |
5+ Bedrooms | $1.9M | $1.8M | -2.2% |
Summary: Walnut Creek housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Cities
Pleasant Hill | $950K | $1.0M | +6.3% |
Walnut Creek | $842.7K | $875.4K | +3.9% |
Concord | $736.3K | $765K | +3.9% |
Central Contra Costa | $972.2K | $1.0M | +3.0% |
Lafayette | $1.9M | $1.8M | -5.3% |
Housing Supply in Walnut Creek, CA
How many homes are available in Walnut Creek, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
380 | 418 | +10.0% |
Summary: The Walnut Creek real estate market had 418 homes for sale in June 2024, a 10.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 54 | 62 | +14.8% |
2 Bedrooms | 169 | 185 | +9.5% |
3 Bedrooms | 76 | 83 | +9.2% |
4 Bedrooms | 50 | 58 | +16.0% |
5+ Bedrooms | 31 | 30 | -3.2% |
Summary: The Walnut Creek housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 3.2%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
119 | 100 | -16.0% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 100 homes were sold or pending in Walnut Creek in June 2024, down by 16.0% month-over-month. Of the 92 sold homes, 43% were sold under asking, 15% were sold at asking, and 41% were sold over asking.
Days on Market for Walnut Creek, CA
How long does it take to sell a home in Walnut Creek, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 28 Days | +19.2% |
Summary: Homes in Walnut Creek had an average of 28 days on market in Jun 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 100 homes were sold in Walnut Creek; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.