Your Weekly Market Update - June 12, 2024

REAL ESTATE MARKET SNAPSHOT (based on local BridgeMLS data)

Alameda County as of 6/12/2024
- Months Supply of Inventory: 2 months (up from last week) Still a Sellers' market, because inventory is moving quickly
- # of New Properties on Market Last 7 Days: 426 (down from last week)
- # of Properties Under Contract Last 7 Days: 223 (down from last week)
- # of currently Available Properties: 1,847 (down from last week)
- Median Listing Price
Single Family: $1.3mil (up from last week)
Condos/Townhomes: $685k (up from last week)
Multi-unit up to 4 units: $1.2mil (up from last week)
- Median Sold Price (last 30 days)
Single Family: $1.4mil (same as last week)
Condos/Townhomes: $825k (same as last week)
Multi-unit up to 4 units: $1mil (down from last week)
- Median days on market: 12 (up from last week)
- Homes Sold in the last 7 Days: 200 (down from last week)
- Homes Sold in the last 30 Days: 955 (down from last week)

Contra Costa County as of 6/12/2024
- Months Supply of Inventory: 1.85 months (up from last week): still a Sellers' market, because inventory is moving quickly
- # of New Properties on Market Last 7 Days: 400 (down from last week)
- # of Properties Under Contract Last 7 Days: 217 (down from last week)
- # of currently Available Properties: 1,751 (up from last week)
- Median Listing Price
Single Family: $958k (up from last week)
Condos/Townhomes: $597k (down from last week)
Multi-unit up to 4 units: $925k (up from last week)
- Median Sold Price (last 30 days)
Single Family: $951k (up as last week)
Condos/Townhomes: $625k (down from last week)
Multi-unit up to 4 units: $1.1mil (up from last week)
- Median days on market: 12 (down from last week)
- Homes Sold in the last 7 Days: 195 (down from last week)
- Homes Sold in the last 30 Days: 928 (down from last week)

Marin County as of 6/12/2024
- Months Supply of Inventory: 2 months (down from last week) Sellers' market, because inventory is moving quickly
- # of New Properties on Market Last 7 Days: 67 (down from last week)
- # of Properties Under Contract Last 7 Days: 83 (up from last week)
- # of currently Available Properties: 537 (up from last week)
- Median Listing Price
Single Family: $1.5mil (down from last week)
Condos/Townhomes: $675k (same as last week)
Multi-unit up to 4 units: $1.5mil (up from last week)
- Median Sold Price (last 30 days)
Single Family: $1.9mil (same as last week)
Condos/Townhomes: $761k (down from last week)
Multi-unit up to 4 units: $1.3mil (same as last week)
- Median days on market: 21 (slower than last week)
- Homes Sold in the last 7 Days: 58 (down from last week)
- Homes Sold in the last 30 Days: 268 (up from last week)

If there's a specific city you would like to know about, please let me know!

Wishing you all a super week ahead!

Best,
Basak