As we step further into spring, Contra Costa County is experiencing a dynamic real estate landscape marked by strong buyer interest and limited inventory. Let’s break down what these numbers mean for buyers and sellers alike this April.

📊 Inventory Holding Steady

Months Supply of Inventory: 2.48

With just under 2.5 months of inventory available, Contra Costa remains a seller’s market. A balanced market typically has around 5–6 months of inventory, so this low supply means competition is high among buyers.

12-Month Change in Inventory: +0.43%

While inventory has slightly increased year-over-year, the change is minimal. The market continues to favor sellers, but this slight uptick could indicate a slow move toward balance.

⏳ Homes Are Moving Quickly

Median Days on Market: 14
Two weeks—that’s how quickly homes are selling across the county. This short window signals that demand remains elevated, and well-priced homes are attracting multiple offers quickly.

💲 Solid Returns for Sellers

Sold to List Price Ratio: 102%
Sellers are seeing their homes go for 2% above asking on average. In a competitive market like this, strong pricing strategies and quality presentation are paying off.

🏡 Home Prices Stay Elevated

Median Sold Price: $829,400
Contra Costa’s median home price remains strong, reflecting continued buyer demand for homes across various price points. Buyers should be prepared to act fast and make strong offers, especially in desirable neighborhoods.

🔢 What This Means for You

🟩 If You’re a Seller:
It’s still your market. Low inventory and quick turnaround times make this a great moment to list your home and capitalize on competitive offers.

🟦 If You’re a Buyer:
You’ll need to be decisive and prepared. Homes are selling fast and often above asking, so having a savvy local agent in your corner can make all the difference.

💬 Let’s Talk Strategy

At Rise Homes, we’re here to help you navigate Contra Costa’s fast-paced market with confidence. Whether you’re buying, selling, or exploring your options, we’ll equip you with the insights and support you need.