Contra Costa County Real Estate Market Update – January 2025

As we kick off 2025, Contra Costa County's real estate market is experiencing key shifts that both buyers and sellers need to be aware of. With inventory levels rising, home prices holding strong, and competitive buyer demand, it’s more important than ever to understand the trends shaping the market.

At Rise Homes, we’re committed to providing expert insights and personalized strategies to help you navigate the changing landscape. Whether you're looking to buy, sell, or invest, this detailed January 2025 Market Update will help you make informed real estate decisions.

January 2025: Key Market Trends in Contra Costa County

📉 Months supply of inventory: 1.54 – Inventory remains low, keeping demand strong.
📊 12-Month change in inventory: ⬆️ +32.76% – More homes are hitting the market, offering buyers more options.
⏳ Median days on market: 27 days – Homes are still selling quickly but at a steadier pace.
💰 Sold to list price: 100.6% – Properties are selling slightly above asking price, showing continued competition.
🏡 Median sold price: $745,000 – Home values are holding strong, making it a great time for sellers!

These numbers highlight a shifting market, where more inventory is balancing out demand, giving buyers more negotiating power while still offering sellers strong returns.

Understanding the Market Shift: What’s Happening in Contra Costa County?

1. Inventory Is Increasing, but Demand Remains Strong

The 32.76% increase in inventory over the past year is one of the biggest market changes. More homes hitting the market means buyers have more choices—but demand is still strong enough to keep homes selling quickly.

While inventory is increasing, a supply of just 1.54 months still indicates a seller’s market. Typically, a balanced market has 4-6 months of inventory, meaning Contra Costa still favors sellers—but buyers now have slightly more leverage than before.

2. Homes Are Selling Quickly

The median days on market is 27 days, meaning homes are still selling within a month on average. This suggests that well-priced homes in desirable locations are moving quickly, with buyers acting fast to secure properties.

For buyers: This means preparation is key—getting pre-approved for a mortgage and working with a local real estate expert can help you secure a property before it's gone.

For sellers: This is still an excellent time to list, as demand remains strong. Strategic pricing and marketing can attract multiple offers and maximize your home’s value.

3. Homes Are Selling Slightly Above Asking Price

With a sold-to-list price ratio of 100.6%, properties in Contra Costa County are selling for more than their listing price on average.

What does this mean?

• Sellers: Competitive pricing, proper staging, and strong marketing strategies are key to securing the best possible sale price.
• Buyers: Bidding wars are still possible, so be prepared to make strong offers to win the home you want.

4. Home Prices Are Holding Steady

The median sold price of $745,000 reflects the continued strength of the Contra Costa real estate market. This means sellers can still achieve top dollar for their properties, while buyers should expect home values to remain steady.

What This Means for Buyers & Sellers in 2025

📌 For Sellers: Now Is the Time to List!

✔️ Homes are still selling quickly and often above the asking price.
✔️ With inventory rising, getting your home on the market before competition increases further can help you maximize your sale.
✔️ Proper pricing and marketing will attract serious buyers and potential multiple offers.

Pro Tip: Work with a local expert at Rise Homes to develop a strategic selling plan that highlights your property’s best features and ensures a smooth, profitable transaction.

📌 For Buyers: More Choices, But Act Fast!

✔️ More inventory = more options, but demand remains strong, meaning you still need to act quickly.
✔️ Pre-approval is essential to making strong, competitive offers.
✔️ Some sellers may be more flexible on price as inventory grows, creating negotiation opportunities.

Pro Tip: Partner with an experienced real estate agent to help you identify opportunities, negotiate effectively, and secure the right home at the best price.

Which Contra Costa Neighborhoods Are Trending?

Certain Contra Costa cities and neighborhoods continue to see strong buyer demand, offering excellent investment potential for homeowners.

🏡 Top Contra Costa Hotspots for 2025:

📍 Walnut Creek – Highly desirable with a vibrant downtown, great schools, and easy commute options.
📍 Danville – Family-friendly with top-rated schools and strong property value appreciation.
📍 Lafayette – Known for its suburban charm, luxury homes, and excellent schools.
📍 Pleasant Hill – A great mix of affordability, convenience, and community atmosphere.
📍 Brentwood – Offers more affordable homes with newer developments and growing appeal.

If you're looking to buy or invest in these areas, act now before prices rise further!

Looking Ahead: What to Expect in 2025

📈 More Inventory Growth: While still low, inventory levels are expected to gradually increase.
🏡 Home Prices Holding Steady: Prices will likely remain strong, but sellers may need to be more strategic as competition grows.
💰 Continued Seller Advantages: Sellers will still have the upper hand, but buyers gaining more options could shift the balance slightly.
📊 Competitive But Manageable Market: Buyers will have more opportunities, but strong demand means fast decision-making is crucial.

If you're planning to buy or sell in 2025, staying ahead of market trends and working with a trusted real estate professional is the key to success.

Ready to Buy or Sell? Let’s Talk!

At Rise Homes, we provide expert guidance, market insights, and a strategic approach to help you achieve the best possible outcome in the Contra Costa County real estate market.

📞 Call us today: 650-293-0158
📧 Email us at: [email protected]

💡 Let’s make your real estate goals a reality in 2025! 🚀