Is Contra Costa County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Contra Costa County has remained a Seller's Market.
Housing Prices in Contra Costa County, CA
How much do homes in Contra Costa County, CA cost?
Median Sold Price
$801,393
$518/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Contra Costa County was $801,393 in May 2024, up 1.6% from last year, and the median price per square foot was $518.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $361.7K | $369.6K | +2.2% |
2 Bedrooms | $581.5K | $595K | +2.3% |
3 Bedrooms | $749.7K | $758.8K | +1.2% |
4 Bedrooms | $989.5K | $1.0M | +1.7% |
5+ Bedrooms | $1.1M | $1.3M | +16.4% |
Summary: Contra Costa County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 16.4%.
Median Sold Price Compared To Nearby Counties
Alameda County | $1.0M | $1.1M | +5.9% |
Contra Costa County | $788.8K | $801.3K | +1.6% |
Solano County | $573.6K | $570K | -0.6% |
San Joaquin County | $624.6K | $592.6K | -5.1% |
Housing Supply in Contra Costa County, CA
How many homes are available in Contra Costa County, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2,671 | 3,039 | +13.8% |
Summary: The Contra Costa County real estate market had 3,039 homes for sale in May 2024, a 13.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 105 | 116 | +10.5% |
2 Bedrooms | 528 | 575 | +8.9% |
3 Bedrooms | 851 | 970 | +14.0% |
4 Bedrooms | 811 | 928 | +14.4% |
5+ Bedrooms | 376 | 450 | +19.7% |
Summary: The Contra Costa County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 19.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
874 | 967 | +10.6% |
Asking Price vs. Sold Price
229 Homes Were Sold
Under Asking
126 Homes Were Sold
At Asking
557 Homes Were Sold
Over Asking
Summary: A total of 967 homes were sold or pending in Contra Costa County in May 2024, up by 10.6% month-over-month. Of the 912 sold homes, 25% were sold under asking, 14% were sold at asking, and 61% were sold over asking.
Days on Market for Contra Costa County, CA
How long does it take to sell a home in Contra Costa County, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 18 Days | -10.5% |
Summary: Homes in Contra Costa County had an average of 18 days on market in May 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
783 Homes Were Sold
Under 30 Days
120 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During May 2024, 967 homes were sold in Contra Costa County; 81% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.