Contra Costa County 2024 Annual Real Estate Market Trends ReCap

Prices & Sales Up in 2024

The average sales price for single-family, re-sale homes peaked at $1,307,407 in May. It ended the year at $1,125,899. The median price peaked at $935,000 in April. It ended the year at $868,000. The average sales price was up 4.1% compared to 2023. The median price was up 2.8%.

Sales of single-family, re-sale homes were up 8.1% from the year before. There were 7,400 homes sold in Alameda County in 2022.

After peaking at 104.1% in April, the sales price to list price ratio, or what buyers paid divided by what sellers were asking, fell steadily and it ended the year at 99.6%. For the year, the sales price to list price ratio was 102.1%.

The sales price to list price ratio for condos peaked in April at 101.9%. It closed the year at 98.8%. For the year, the sales price to list price ratio was 100.5%.

The median sales price for re-sale condominiums peaked at $658,180 in May. It ended the year at $600,000. The average price peaked in May at $746,153. It ended the year at $655,618.

The average sales price was up 4.4% compared to 2023. The median price was up 5.5%.

Condo sales were up 7.3% from 2023.

For assistance in this market, do not hesitate to contact me. If you are thinking of selling, I can provide a free comparative market analysis.

Contra Costa County
(Single Family Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $435,703 $316,000 12,085 45 99.6%      
2013 $608,659 $480,000 9,217 27 100.0% 39.7% 51.9% -23.7%
2014 $669,473 $520,000 9,158 30 101.1% 10.0% 8.3% -0.6%
2015 $696,559 $538,345 10,755 29 101.5% 4.0% 3.5% 17.4%
2016 $711,818 $547,000 10,885 30 101.0% 2.2% 1.6% 1.2%
2017 $777,197 $610,000 11,337 27 101.5% 9.2% 11.5% 4.2%
2018 $829,055 $650,000 10,869 27 101.5% 6.7% 6.6% -4.1%
2019 $845,605 $660,000 10,635 32 100.7% 2.0% 1.5% -2.2%
2020 $952,823 $750,000 9,886 24 102.1% 12.7% 13.6% -7.0%
2021 $1,142,504 $889,888 11,871 15 107.9% 19.9% 18.7% 20.1%
2022 $1,230,819 $910,000 8,146 21 105.9% 7.7% 2.3% -31.4%
2023 $1,145,541 $851,001 6,845 27 101.7% -6.9% -6.5% -16.0%
2024 $1,191,943 $875,000 7,400 28 102.1% 4.1% 2.8% 8.1%

The charts below have the prices in the thousands.

Contra Costa County
(Condos/Town Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $241,788 $190,000 3,027 45 100.2%      
2013 $350,973 $311,000 2,361 22 103.0% 45.2% 63.7% -22.0%
2014 $404,949 $375,000 2,438 27 100.8% 15.4% 20.6% 3.3%
2015 $436,076 $390,000 2,726 25 101.8% 7.7% 4.0% 11.8%
2016 $462,979 $411,000 2,669 26 101.0% 6.2% 5.4% -2.1%
2017 $492,266 $449,000 2,808 24 101.2% 6.3% 9.2% 5.2%
2018 $536,158 $479,000 2,706 22 102.1% 8.9% 6.7% -3.6%
2019 $532,198 $480,000 2,738 32 100.3% -0.7% 0.2% 1.2%
2020 $560,132 $505,000 2,459 29 100.4% 5.2% 5.2% -10.2%
2021 $621,986 $560,000 3,411 20 104.0% 11.0% 10.9% 38.7%
2022 $684,605 $590,000 2,250 20 104.8% 10.1% 5.4% -34.0%
2023 $670,002 $585,000 2,031 28 101.5% -2.1% -0.8% -9.7%
2024 $699,570 $617,000 2,179 35 100.5% 4.4% 5.5% 7.3%