Is Walnut Creek, 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, 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
$862,188
$603/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Walnut Creek was $862,188 in March 2024, up 1.4% from last year, and the median price per square foot was $603.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $358K | $374.5K | +4.6% |
2 Bedrooms | $619K | $638.6K | +3.2% |
3 Bedrooms | $1.1M | $1.1M | 0.4% |
4 Bedrooms | $1.5M | $1.5M | -2.3% |
5+ Bedrooms | $1.9M | $1.8M | -5.1% |
Summary: Walnut Creek housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 5.1%.
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 Walnut Creek, CA
How many homes are available in Walnut Creek, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
267 | 328 | +22.8% |
Summary: The Walnut Creek real estate market had 328 homes for sale in March 2024, a 22.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 25 | 38 | +52.0% |
2 Bedrooms | 162 | 182 | +12.3% |
3 Bedrooms | 36 | 50 | +38.9% |
4 Bedrooms | 31 | 38 | +22.6% |
5+ Bedrooms | 13 | 20 | +53.8% |
Summary: The Walnut Creek housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 52%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 53.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 95 | +33.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 95 homes were sold or pending in Walnut Creek in March 2024, up by 33.8% month-over-month. Of the 88 sold homes, 31% were sold under asking, 22% were sold at asking, and 48% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 19 Days | -1.9% |
Summary: Homes in Walnut Creek had an average of 19 days on market in Mar 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 95 homes were sold in Walnut Creek; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.