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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Contra Costa is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in West Contra Costa, CA

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

Median Sold Price

$696,817

$507/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$19,104(-2.7%)

Key Takeaway

Homes in West Contra Costa have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in West Contra Costa was $696,817 in November 2024, down 2.7% from last year, and the median price per square foot was $507.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $392.5K$385K
-1.9%
2 $587K$560K
-4.6%
3 $716.4K$700K
-2.3%
4 $832.5K$863.3K
+3.7%
5+ $1.0M$1.0M
+4.7%

Summary: West Contra Costa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Rodeo
+2.9%
West Contra Costa
-2.7%
Pinole
-2.8%
Hercules
-5.1%
Briones
-9.5%

Housing Supply in West Contra Costa, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
468418-10.7%

Summary: The West Contra Costa real estate market had 418 homes for sale in November 2024, a 10.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1920
+5.3%
2 115101
-12.2%
3 207184
-11.1%
4 10190
-10.9%
5+ 2623
-11.5%

Summary: The West Contra Costa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 11.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
151133-11.9%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

67 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Contra Costa, you could pay more than the asking price. 53.2% of homes here sold above asking price last month.

Summary: A total of 133 homes were sold or pending in West Contra Costa in November 2024, down by 11.9% month-over-month. Of the 126 sold homes, 33% were sold under asking, 14% were sold at asking, and 53% were sold over asking.

Days on Market for West Contra Costa, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days31 Days+37.2%

Summary: Homes in West Contra Costa had an average of 31 days on market in Nov 2024, up by 37.2% compared to last year.

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 133 homes were sold in West Contra Costa; 59% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 6% 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 2 Days Ago

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