Is West Contra Costa, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Contra Costa is a seller's market

Buyer's
Market

Difference Since June 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

$710,450

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$568(-0.1%)

Key Takeaway

The sold price of homes in West Contra Costa has remained the same since last year.

Summary: The median home sold price in West Contra Costa was $710,450 in June 2024, down 0.1% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $390K$385K
-1.3%
2 $564.1K$588K
+4.2%
3 $719.3K$714.6K
-0.7%
4 $850K$850K
0.0%
5+ $950K$1.1M
+23.4%

Summary: West Contra Costa housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Cities

Rodeo
+2.6%
Briones
+0.7%
Pinole
0.0%
West Contra Costa
-0.1%
Hercules
-5.6%

Housing Supply in West Contra Costa, CA

How many homes are available in West Contra Costa, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
442452+2.3%

Summary: The West Contra Costa real estate market had 452 homes for sale in June 2024, a 2.3% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 1819
+5.6%
2 115116
+0.9%
3 194190
-2.1%
4 8795
+9.2%
5+ 2832
+14.3%

Summary: The West Contra Costa housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
149128-14.1%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

80 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Contra Costa, you could pay more than the asking price. 67.2% of homes here sold above asking price last month.

Summary: A total of 128 homes were sold or pending in West Contra Costa in June 2024, down by 14.1% month-over-month. Of the 119 sold homes, 24% were sold under asking, 9% were sold at asking, and 67% 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

Jun 2023Jun 2024CHANGE
18 Days22 Days+22.0%

Summary: Homes in West Contra Costa had an average of 22 days on market in Jun 2024, up by 22% compared to last year.

Breakdown of Home Sale Times

80 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Contra Costa are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 128 homes were sold in West Contra Costa; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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