$8,906 Closing Credit*
$750,000
2,020 SqFt
4 Beds
•3 Full Baths
#424103420, John Tabaloc, Listing Office: eXp Realty of California, Inc
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 November 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
$1,030,470
$624/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,767(+6.2%)
Key Takeaway
Homes in Central Contra Costa have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Central Contra Costa was $1,030,470 in November 2024, up 6.2% from last year, and the median price per square foot was $624.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $355K | +1.4% |
| 2 Bedrooms | $611.8K | $608.9K | -0.5% |
| 3 Bedrooms | $919.7K | $939.6K | +2.2% |
| 4 Bedrooms | $1.4M | $1.5M | +7.7% |
| 5+ Bedrooms | $2.0M | $2.2M | +9.7% |
Summary: Central Contra Costa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Central Contra Costa | $970.7K | $1.0M | +6.2% |
| Walnut Creek | $824K | $863.2K | +4.8% |
| Pleasant Hill | $980K | $1.0M | +4.6% |
| Lafayette | $1.8M | $1.8M | +3.0% |
| Concord | $750K | $763.8K | +1.8% |
Housing Supply in Central Contra Costa, CA
How many homes are available in Central Contra Costa, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,399 | 1,178 | -15.8% |
Summary: The Central Contra Costa real estate market had 1,178 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 86 | 79 | -8.1% |
| 2 Bedrooms | 358 | 328 | -8.4% |
| 3 Bedrooms | 403 | 342 | -15.1% |
| 4 Bedrooms | 388 | 301 | -22.4% |
| 5+ Bedrooms | 164 | 128 | -22.0% |
Summary: The Central Contra Costa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.1%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 22%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 454 | 389 | -14.3% |
Asking Price vs. Sold Price
176 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
153 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Contra Costa, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 389 homes were sold or pending in Central Contra Costa in November 2024, down by 14.3% month-over-month. Of the 368 sold homes, 48% were sold under asking, 11% were sold at asking, and 42% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 30 Days | +47.2% |
Summary: Homes in Central Contra Costa had an average of 30 days on market in Nov 2024, up by 47.2% compared to last year.
Breakdown of Home Sale Times
243 Homes Were Sold
Under 30 Days
112 Homes Were Sold
In 30 - 90 Days
26 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 November 2024, 389 homes were sold in Central Contra Costa; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.