Is Contra Costa County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Contra Costa County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Contra Costa County has remained a Seller's Market.

Key Takeaway

Contra Costa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Contra Costa County, CA

How much do homes in Contra Costa County, CA cost?

Median Sold Price

$804,570

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,861(+3.2%)

Key Takeaway

Homes in Contra Costa County have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Contra Costa County was $804,570 in October 2024, up 3.2% from last year, and the median price per square foot was $519.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K$367.4K
+5.0%
2 $585.8K$578.1K
-1.3%
3 $747.9K$749.8K
0.2%
4 $992.4K$1.0M
+3.8%
5+ $1.2M$1.4M
+20.9%

Summary: Contra Costa County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Counties

Alameda County
+9.2%
Contra Costa County
+3.2%
Solano County
+1.0%

Housing Supply in Contra Costa County, CA

How many homes are available in Contra Costa County, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2,8213,047+8.0%

Summary: The Contra Costa County real estate market had 3,047 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 106126
+18.9%
2 613644
+5.1%
3 918999
+8.8%
4 842896
+6.4%
5+ 342382
+11.7%

Summary: The Contra Costa County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.9%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 11.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
733859+17.2%

Asking Price vs. Sold Price

278 Homes Were Sold
Under Asking

135 Homes Were Sold
At Asking

378 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Contra Costa County, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.

Summary: A total of 859 homes were sold or pending in Contra Costa County in October 2024, up by 17.2% month-over-month. Of the 791 sold homes, 35% were sold under asking, 17% were sold at asking, and 48% 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

Oct 2023Oct 2024CHANGE
25 Days27 Days+11.2%

Summary: Homes in Contra Costa County had an average of 27 days on market in Oct 2024, up by 11.2% compared to last year.

Breakdown of Home Sale Times

585 Homes Were Sold
Under 30 Days

206 Homes Were Sold
In 30 - 90 Days

45 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Contra Costa County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 859 homes were sold in Contra Costa County; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Contra Costa County, CA

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