Your Latest Bi-Weekly San Francisco Bay Area Market Update - November 20, 2024

REAL ESTATE MARKET SNAPSHOT (based on local BridgeMLS data)

Alameda County as of 11/20/2024

• Months Supply of Inventory: down: 1.9 months (was 2)

• # of New Properties on Market Last 7 Days: down: 220 (was 266)

• # of Properties Under Contract Last 7 Days: slightly up: 212 (was 207)

• # of currently Available Properties: down: 1,878 (was 2,064)

• Median Listing Price

  Single Family: slightly up: $1.13mil (was $1.1mil)

  Condos/Townhomes: down: $624k (was $699k)

  Multi-unit up to 4 units: same: $1.1mil

• Median Sold Price (last 30 days)

  Single Family: same: $1.3mil

  Condos/Townhomes: up: $725k (was $710k)

  Multi-unit up to 4 units: up: $1mil (was $950k)

• Median days on market: same: 14

• Homes Sold in the last 7 Days: down: 231 (was 244)

• Homes Sold in the last 30 Days: down: 995 (was 1,016)

Contra Costa County as of 11/20/2024

• Months Supply of Inventory: up: 2.1 months (was 2)

• # of New Properties on Market Last 7 Days: down: 266 (was 296)

• # of Properties Under Contract Last 7 Days: down: 178 (was 210)

• # of currently Available Properties: up: 1,951 (was 1,779)

• Median Listing Price

  Single Family: down: $800k (was $849k)

  Condos/Townhomes: down: $612k (was $695k)

  Multi-unit up to 4 units: up: $1.1mil (was $650k)

• Median Sold Price (last 30 days)

  Single Family: down: $863k (was $874k)

  Condos/Townhomes: up: $630k (was $603k)

  Multi-unit up to 4 units: up: $1.1mil (was $653k)

• Median days on market: slightly quicker: 16 (was 17)

• Homes Sold in the last 7 Days: down: 188 (was 216)

• Homes Sold in the last 30 Days: up: 914 (was 893)

   

Marin County as of 11/20/2024

• Months Supply of Inventory: up: 2.2 months (was 2.1)

• # of New Properties on Market Last 7 Days: down: 39 (was 45)

• # of Properties Under Contract Last 7 Days: down: 35 (was 71)

• # of currently Available Properties: down: 490 (was 513)

• Median Listing Price

  Single Family: same: $1.8mil

  Condos/Townhomes: up: $785k (was $675k)

  Multi-unit up to 4 units: (not enough data to compare)

• Median Sold Price (last 30 days)

  Single Family: slightly down: $1.7mil (was $1.73mil)

  Condos/Townhomes: down: $799k (was $825k)

  Multi-unit up to 4 units: up: $1.6mil (was $1.3mil)

• Median days on market: slower: 43 (was 30)

• Homes Sold in the last 7 Days: down: 43 (was 54)

• Homes Sold in the last 30 Days: down: 218 (was 249)

If there's a specific city or neighborhood you're interested in, please let me know!

I wish you all a delightful and healthy week ahead as we gear up for the holiday season!

Best,
Basak