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 April 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

$800,051

$516/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$54(0%)

Key Takeaway

The sold price of homes in Contra Costa County has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $367.5K$369.6K
+0.6%
2 $583.2K$599K
+2.7%
3 $750.4K$760K
+1.3%
4 $1.0M$1.0M
+1.3%
5+ $1.2M$1.3M
+5.2%

Summary: Contra Costa County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Counties

Alameda County
+1.7%
Contra Costa County
0%
Solano County
-0.7%

Housing Supply in Contra Costa County, CA

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2,1802,729+25.2%

Summary: The Contra Costa County real estate market had 2,729 homes for sale in April 2024, a 25.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 81112
+38.3%
2 493549
+11.4%
3 691861
+24.6%
4 630821
+30.3%
5+ 285386
+35.4%

Summary: The Contra Costa County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.3%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes increased by 35.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
655880+34.4%

Asking Price vs. Sold Price

212 Homes Were Sold
Under Asking

105 Homes Were Sold
At Asking

501 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. 61.2% of homes here sold above asking price last month.

Summary: A total of 880 homes were sold or pending in Contra Costa County in April 2024, up by 34.4% month-over-month. Of the 818 sold homes, 26% were sold under asking, 13% were sold at asking, and 61% 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

Apr 2023Apr 2024CHANGE
23 Days20 Days-14.7%

Summary: Homes in Contra Costa County had an average of 20 days on market in Apr 2024, down by 14.7% compared to last year.

Breakdown of Home Sale Times

684 Homes Were Sold
Under 30 Days

121 Homes Were Sold
In 30 - 90 Days

30 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 April 2024, 880 homes were sold in Contra Costa County; 78% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% 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 11 Days Ago

Newest Listings in Contra Costa County, CA

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