🔍 Contra Costa Real Estate Market Update

As we move through the spring season, Contra Costa’s real estate market continues to show signs of competitiveness—despite a modest uptick in inventory levels.

📉 Months Supply of Inventory: 2.77

This number means it would take just under three months to sell all current homes on the market if no new listings were added. With a balanced market typically requiring 5–6 months of inventory, this signals that Contra Costa remains a seller-friendly environment.

📈 12-Month Change in Inventory: +0.38%

While this marks a slight increase in homes available compared to last year, supply is still not meeting buyer demand. More listings are trickling in, but it’s not enough to flip the scales.

⏳ Median Days on Market: 15

Homes are selling quickly—within just over two weeks on average. This is a key indicator of ongoing buyer activity and competitive market dynamics.

💰 Sold to List Price: 101%

Buyers are still paying close to asking price, reinforcing the notion that demand is keeping prices strong. Pricing homes accurately is paying off for sellers—and buyers are responding with strong offers.

🏠 Median Sold Price: $822,000

This figure reflects the ongoing strength of Contra Costa’s housing market. Whether you’re buying or selling, understanding this median helps set clear expectations for price points and value.

🧭 What this means for you:

🟩 Sellers: You’re still in a strong position this season. With quick sales and competitive offers, it’s a great time to list.
🟦 Buyers: You’ll need to act fast and bring your best offer to the table. Working with a knowledgeable local agent will give you the edge.