The real estate market in Contra Costa County and Southern Alameda County is booming!
Homes are selling quickly, sometimes over the asking price. Most listings are selling in less
than 30 days.
During the month of May Pending sales in Contra Costa County increased by 7.6%. Median
sales prices have also increased by 6% and the months supply of inventory increased by 12.9%
for single family homes and 25% for townhouse-condo units. We are still in a “Seller’s Market”
based upon current market activity. We are often seeing multiple offers and market time has
definitely shortened by comparison to last year.
In Southern Alameda County there have been 12,484 properties listed. There are currently
1,072 Active listings, 5,880 Pending and 5,532 homes that were Sold.
The average sales price was $598,136 and the median sales price was $525,000. Average
days on the market for Active listings is 25, Pending listings is 20 and Sold listings is 22.
This is a great time to sell if you are contemplating a move. Let us provide you with up to date
information on this fast paced real estate market. Call or e-mail us for a free Comparative
Market Analysis of your home. We have been helping clients achieve their goals for the past
*This information is deemed reliable but not verified or guaranteed.