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 June 2023
Since last year, West Contra Costa has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $390K | $385K | -1.3% |
2 Bedrooms | $564.1K | $588K | +4.2% |
3 Bedrooms | $719.3K | $714.6K | -0.7% |
4 Bedrooms | $850K | $850K | 0.0% |
5+ Bedrooms | $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 | $682K | $700K | +2.6% |
Briones | $913.5K | $920K | +0.7% |
Pinole | $750K | $750K | 0.0% |
West Contra Costa | $711K | $710.4K | -0.1% |
Hercules | $805K | $760K | -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 2024 | Jun 2024 | CHANGE |
---|---|---|
442 | 452 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 19 | +5.6% |
2 Bedrooms | 115 | 116 | +0.9% |
3 Bedrooms | 194 | 190 | -2.1% |
4 Bedrooms | 87 | 95 | +9.2% |
5+ Bedrooms | 28 | 32 | +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 2024 | Jun 2024 | CHANGE |
---|---|---|
149 | 128 | -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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 22 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
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.