Is Walnut Creek, 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, 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
$874,216
$604/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Walnut Creek was $874,216 in April 2024, up 5% from last year, and the median price per square foot was $604.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $354.7K | $380K | +7.1% |
2 Bedrooms | $609.6K | $639.9K | +5.0% |
3 Bedrooms | $1.1M | $1.1M | +1.4% |
4 Bedrooms | $1.5M | $1.5M | 0.2% |
5+ Bedrooms | $1.9M | $1.8M | -4.6% |
Summary: Walnut Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
Walnut Creek | $832.8K | $874.2K | +5.0% |
Concord | $745K | $763.2K | +2.5% |
Pleasant Hill | $971.6K | $980K | +0.9% |
Central Contra Costa | $991.9K | $983.3K | -0.9% |
Lafayette | $1.9M | $1.8M | -7.6% |
Housing Supply in Walnut Creek, CA
How many homes are available in Walnut Creek, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
322 | 368 | +14.3% |
Summary: The Walnut Creek real estate market had 368 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 36 | 56 | +55.6% |
2 Bedrooms | 182 | 181 | -0.5% |
3 Bedrooms | 49 | 66 | +34.7% |
4 Bedrooms | 39 | 41 | +5.1% |
5+ Bedrooms | 16 | 24 | +50.0% |
Summary: The Walnut Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 55.6%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 34.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 115 | +19.8% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 115 homes were sold or pending in Walnut Creek in April 2024, up by 19.8% month-over-month. Of the 106 sold homes, 37% were sold under asking, 14% were sold at asking, and 49% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 23 Days | -10.7% |
Summary: Homes in Walnut Creek had an average of 23 days on market in Apr 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 115 homes were sold in Walnut Creek; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.