$2,599,000
3,865 SqFt
5 Beds
•4 Full Baths, 1 Partial
David Downing, Listing Office: Coldwell Banker
Is Central Contra Costa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Central Contra Costa has remained a Seller's Market.
Key Takeaway
Central Contra Costa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Contra Costa, CA
How much do homes in Central Contra Costa, CA cost?
Median Sold Price
$1,022,837
$625/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$51,347(+5.3%)
Key Takeaway
Homes in Central Contra Costa have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Central Contra Costa was $1,022,837 in October 2024, up 5.3% from last year, and the median price per square foot was $625.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $347.6K | $357.4K | +2.8% |
| 2 Bedrooms | $611K | $607K | -0.7% |
| 3 Bedrooms | $919K | $925.6K | +0.7% |
| 4 Bedrooms | $1.4M | $1.5M | +6.8% |
| 5+ Bedrooms | $2.0M | $2.2M | +9.6% |
Summary: Central Contra Costa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Walnut Creek | $802.1K | $867.5K | +8.2% |
| Central Contra Costa | $971.4K | $1.0M | +5.3% |
| Concord | $750K | $762.3K | +1.6% |
| Lafayette | $1.8M | $1.8M | +0.8% |
| Pleasant Hill | $980K | $983.5K | 0.4% |
Housing Supply in Central Contra Costa, CA
How many homes are available in Central Contra Costa, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,416 | 1,532 | +8.2% |
Summary: The Central Contra Costa real estate market had 1,532 homes for sale in October 2024, a 8.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 77 | 98 | +27.3% |
| 2 Bedrooms | 379 | 398 | +5.0% |
| 3 Bedrooms | 384 | 435 | +13.3% |
| 4 Bedrooms | 402 | 418 | +4.0% |
| 5+ Bedrooms | 174 | 183 | +5.2% |
Summary: The Central Contra Costa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 5.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 375 | 442 | +17.9% |
Asking Price vs. Sold Price
161 Homes Were Sold
Under Asking
82 Homes Were Sold
At Asking
171 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Contra Costa, you could pay more than the asking price. 41.3% of homes here sold above asking price last month.
Summary: A total of 442 homes were sold or pending in Central Contra Costa in October 2024, up by 17.9% month-over-month. Of the 414 sold homes, 39% were sold under asking, 20% were sold at asking, and 41% were sold over asking.
Days on Market for Central Contra Costa, CA
How long does it take to sell a home in Central Contra Costa, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 28 Days | +30.4% |
Summary: Homes in Central Contra Costa had an average of 28 days on market in Oct 2024, up by 30.4% compared to last year.
Breakdown of Home Sale Times
290 Homes Were Sold
Under 30 Days
118 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Contra Costa are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 442 homes were sold in Central Contra Costa; 66% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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