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 November 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

$804,827

$517/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,391(+3.1%)

Key Takeaway

Homes in Contra Costa County have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Contra Costa County was $804,827 in November 2024, up 3.1% from last year, and the median price per square foot was $517.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K$365K
+1.4%
2 $590.5K$577.6K
-2.2%
3 $747.9K$750.1K
0.3%
4 $994.6K$1.0M
+3.0%
5+ $1.2M$1.4M
+23.6%

Summary: Contra Costa County 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 2.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 23.6%.

Median Sold Price Compared To Nearby Counties

Alameda County
+8.9%
Contra Costa County
+3.1%
Solano County
+1.7%

Housing Supply in Contra Costa County, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2,8232,480-12.2%

Summary: The Contra Costa County real estate market had 2,480 homes for sale in November 2024, a 12.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 113107
-5.3%
2 586539
-8.0%
3 943831
-11.9%
4 836712
-14.8%
5+ 345291
-15.7%

Summary: The Contra Costa County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.3%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 15.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
876733-16.3%

Asking Price vs. Sold Price

296 Homes Were Sold
Under Asking

92 Homes Were Sold
At Asking

300 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. 43.6% of homes here sold above asking price last month.

Summary: A total of 733 homes were sold or pending in Contra Costa County in November 2024, down by 16.3% month-over-month. Of the 688 sold homes, 43% were sold under asking, 13% were sold at asking, and 44% 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

Nov 2023Nov 2024CHANGE
23 Days30 Days+28.0%

Summary: Homes in Contra Costa County had an average of 30 days on market in Nov 2024, up by 28% compared to last year.

Breakdown of Home Sale Times

454 Homes Were Sold
Under 30 Days

205 Homes Were Sold
In 30 - 90 Days

48 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 November 2024, 733 homes were sold in Contra Costa County; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% 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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