Is East Contra Costa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Contra Costa has remained a Seller's Market.
Housing Prices in East Contra Costa, CA
How much do homes in East Contra Costa, CA cost?
Median Sold Price
$752,472
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $392.5K | $380K | -3.2% |
2 Bedrooms | $655K | $660K | +0.8% |
3 Bedrooms | $669.7K | $675.3K | +0.8% |
4 Bedrooms | $780K | $780.2K | 0.0% |
5+ Bedrooms | $885K | $896.3K | +1.3% |
Summary: East Contra Costa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.3%.
Housing Supply in East Contra Costa, CA
How many homes are available in East Contra Costa, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
364 | 464 | +27.5% |
Summary: The East Contra Costa real estate market had 464 homes for sale in April 2024, a 27.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 62 | 65 | +4.8% |
3 Bedrooms | 108 | 131 | +21.3% |
4 Bedrooms | 131 | 182 | +38.9% |
5+ Bedrooms | 63 | 86 | +36.5% |
Summary: The East Contra Costa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes increased by 36.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 143 | +72.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
69 Homes Were Sold
Over Asking
Summary: A total of 143 homes were sold or pending in East Contra Costa in April 2024, up by 72.3% month-over-month. Of the 130 sold homes, 30% were sold under asking, 17% were sold at asking, and 53% were sold over asking.
Days on Market for East Contra Costa, CA
How long does it take to sell a home in East Contra Costa, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 21 Days | -43.7% |
Summary: Homes in East Contra Costa had an average of 21 days on market in Apr 2024, down by 43.7% compared to last year.
Breakdown of Home Sale Times
107 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 143 homes were sold in East Contra Costa; 75% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.