Is West Contra Costa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, West Contra Costa has remained a Seller's Market.
Housing Prices in West Contra Costa, CA
How much do homes in West Contra Costa, CA cost?
Median Sold Price
$720,000
$516/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Contra Costa was $720,000 in May 2024, up 0.7% from last year, and the median price per square foot was $516.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $399.4K | $385K | -3.6% |
2 Bedrooms | $564.3K | $593.5K | +5.2% |
3 Bedrooms | $720K | $720K | 0% |
4 Bedrooms | $855K | $850K | -0.6% |
5+ Bedrooms | $940K | $1.1M | +23.7% |
Summary: West Contra Costa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 5.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Cities
Rodeo | $678.5K | $712.5K | +5.0% |
West Contra Costa | $715.1K | $720K | +0.7% |
Briones | $913.5K | $920K | +0.7% |
Pinole | $750K | $750K | 0.0% |
Hercules | $824K | $760K | -7.8% |
Housing Supply in West Contra Costa, CA
How many homes are available in West Contra Costa, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
413 | 460 | +11.4% |
Summary: The West Contra Costa real estate market had 460 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 19 | -9.5% |
2 Bedrooms | 97 | 116 | +19.6% |
3 Bedrooms | 188 | 201 | +6.9% |
4 Bedrooms | 85 | 94 | +10.6% |
5+ Bedrooms | 22 | 30 | +36.4% |
Summary: The West Contra Costa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
133 | 142 | +6.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
97 Homes Were Sold
Over Asking
Summary: A total of 142 homes were sold or pending in West Contra Costa in May 2024, up by 6.8% month-over-month. Of the 132 sold homes, 16% were sold under asking, 11% were sold at asking, and 73% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 21 Days | -15.1% |
Summary: Homes in West Contra Costa had an average of 21 days on market in May 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
107 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 142 homes were sold in West Contra Costa; 75% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.