🔍 Contra Costa Real Estate Market Update

As we move into the summer season, the Contra Costa real estate market remains competitive, with strong indicators that favor sellers—though subtle shifts suggest more balance could be coming.

📉 Months Supply of Inventory: 2.86

With just under three months of housing inventory available, we’re still in a seller’s market. When inventory falls below four months, demand typically outpaces supply, giving sellers the upper hand in pricing and negotiations.

📈 Inventory Trends

The 12-month inventory trend shows a significant increase of +27%, while the 1-month trend is up by +1%. What does this mean? More homes are slowly making their way onto the market. Buyers may start to see slightly more options, though competition remains strong.

⏳ Median Days on Market: 18

Homes are selling quickly—less than three weeks from list to pending on average. Sellers should be prepared with disclosures and showing strategies before going live. For buyers, working with an agent who can act fast is essential in this fast-paced environment.

💰 Sold to List Price: 102%

Most homes are still selling above asking, which reflects ongoing buyer demand and competitive offer situations. Sellers are in a great position to maximize value.

🏠 Median Sold Price: $840,000

This price point highlights Contra Costa’s strong value proposition in the Bay Area. For buyers, it’s important to factor this into financing plans. Sellers can use this benchmark to price competitively in the current market.

🧭 What this means for you:

🟩 If you’re selling:
You’re in a favorable position. With strong demand and quick sales, now’s a great time to list and get top dollar.
🟦 If you’re buying:
Be prepared to move quickly and offer competitively. Slightly more inventory may offer new opportunities—stay alert.