Is West 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, West Contra Costa has remained a Seller's Market.
Key Takeaway
West Contra Costa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Contra Costa, CA
How much do homes in West Contra Costa, CA cost?
Median Sold Price
$715,428
$514/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Contra Costa have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in West Contra Costa was $715,428 in March 2024, down 3.1% from last year, and the median price per square foot was $514.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $408K | $384.5K | -5.8% |
| 2 Bedrooms | $584K | $579K | -0.9% |
| 3 Bedrooms | $739.8K | $719.8K | -2.7% |
| 4 Bedrooms | $875K | $857.5K | -2.0% |
| 5+ Bedrooms | $970K | $1.1M | +13.4% |
Summary: West Contra Costa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Cities
| Rodeo | $685K | $720K | +5.1% |
| Briones | $912K | $936.5K | +2.7% |
| Pinole | $762K | $751K | -1.4% |
| West Contra Costa | $738.4K | $715.4K | -3.1% |
| Hercules | $830K | $774.2K | -6.7% |
Housing Supply in West Contra Costa, CA
How many homes are available in West Contra Costa, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 315 | 354 | +12.4% |
Summary: The West Contra Costa real estate market had 354 homes for sale in March 2024, a 12.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 21 | +16.7% |
| 2 Bedrooms | 79 | 85 | +7.6% |
| 3 Bedrooms | 131 | 162 | +23.7% |
| 4 Bedrooms | 74 | 71 | -4.1% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The West Contra Costa housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 98 | 107 | +9.2% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Contra Costa, you could pay more than the asking price. 56% of homes here sold above asking price last month.
Summary: A total of 107 homes were sold or pending in West Contra Costa in March 2024, up by 9.2% month-over-month. Of the 100 sold homes, 32% were sold under asking, 12% were sold at asking, and 56% were sold over asking.
Days on Market for West Contra Costa, CA
How long does it take to sell a home in West Contra Costa, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 31 Days | +4.1% |
Summary: Homes in West Contra Costa had an average of 31 days on market in Mar 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Contra Costa are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 107 homes were sold in West Contra Costa; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% 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.