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RED Columns: Buyers Market, the lower the column, the softer the market.
Blue Columns: Sellers Market, the higher the column, the more multiple offers.
Gray Columns: Balanced Market, buyers and sellers are on equal footing.

The Contra Costa County Market Barometer is a rough estimate of  the state of the market. Real estate markets are very local. Regardless of whether the market favors buyers or sellers, there will always be premium homes priced right that attract multiple offers, unless the market has totally crashed. Conversely, there are always over-priced listings that will never sell.

The Contra Costa County Market Barometer uses the same math as Merv Forney in his Loudoun County MARKETpulse, which is an adaptation of Nate Summer's Marin Market HEAT Index™. Note the following:

Hover on data points to view values.

Contra Costa Market Barometer