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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Contra Costa is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in East Contra Costa, CA

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

Median Sold Price

$755,577

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,077(+2.3%)

Key Takeaway

Homes in East Contra Costa have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in East Contra Costa was $755,577 in November 2024, up 2.3% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $380K$730K
+92.1%
2 $656K$651.5K
-0.7%
3 $665K$677.4K
+1.9%
4 $755.8K$790K
+4.5%
5+ $869K$905K
+4.1%

Summary: East Contra Costa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.1%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Cities

Brentwood
+3.4%
East Contra Costa
+2.3%
Oakley
+1.3%

Housing Supply in East Contra Costa, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
480429-10.6%

Summary: The East Contra Costa real estate market had 429 homes for sale in November 2024, a 10.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 5049
-2.0%
3 150131
-12.7%
4 190173
-8.9%
5+ 8975
-15.7%

Summary: The East Contra Costa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 15.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13995-31.7%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Contra Costa, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 95 homes were sold or pending in East Contra Costa in November 2024, down by 31.7% month-over-month. Of the 89 sold homes, 48% were sold under asking, 16% were sold at asking, and 36% were sold over asking.

Days on Market for East Contra Costa, CA

How long does it take to sell a home in East Contra Costa, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days34 Days+2.1%

Summary: Homes in East Contra Costa had an average of 34 days on market in Nov 2024, up by 2.1% compared to last year.

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 95 homes were sold in East Contra Costa; 57% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

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