Your Weekly Market Update - June 26, 2024

REAL ESTATE MARKET SNAPSHOT (based on local BridgeMLS data)

Alameda County as of 6/26/2024

- Months Supply of Inventory: 1.9 months (up from last week) Still a Sellers' market, because inventory is moving quickly

- # of New Properties on Market Last 7 Days: 484 (up from last week)

- # of Properties Under Contract Last 7 Days: 263 (up from last week)

- # of currently Available Properties: 2,143 (up from last week)

- Median Listing Price

Single Family: $1.25mil (up from last week)

Condos/Townhomes: $748k (up from last week)

Multi-unit up to 4 units: $1.1mil (same as last week)

- Median Sold Price (last 30 days)

Single Family: $1.4mil (same as last week)

Condos/Townhomes: $760k (down from last week)

Multi-unit up to 4 units: $975k (down from last week)

- Median days on market: 12 (down from last week)

- Homes Sold in the last 7 Days: 246 (up from last week)

- Homes Sold in the last 30 Days: 997 (down from last week)

Contra Costa County as of 6/26/2024

- 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: 410 (up from last week)

- # of Properties Under Contract Last 7 Days: 239 (up from last week)

- # of currently Available Properties: 1,822 (up from last week)

Median Listing Price

Single Family: $885k (down from last week)

Condos/Townhomes: $588k (up from last week)

Multi-unit up to 4 units: $900k (up from last week)

- Median Sold Price (last 30 days)

Single Family: $925k (down as last week)

Condos/Townhomes: $620k (same as last week)

Multi-unit up to 4 units: $863k (slightly down from last week)

- Median days on market: 12 (down from last week)

- Homes Sold in the last 7 Days: 200 (down from last week)

- Homes Sold in the last 30 Days: 925 (down from last week)

Marin County as of 6/26/2024

- Months Supply of Inventory: 1.9 months (same as last week) Sellers' market, because inventory is moving quickly

- # of New Properties on Market Last 7 Days: 72 (up from last week)

- # of Properties Under Contract Last 7 Days: 88 (up from last week)

- # of currently Available Properties: 497 (down from last week)

- Median Listing Price

Single Family: $1.5mil (down from last week)

Condos/Townhomes: $800k (down as last week)

Multi-unit up to 4 units: $1.1mil (down from last week, but not enough sample size)

- Median Sold Price (last 30 days)

Single Family: $1.8mil (down from last week)

Condos/Townhomes: $683k (down from last week)

Multi-unit up to 4 units: $1.75mil (up from last week)

- Median days on market: 19 (faster than last week)

- Homes Sold in the last 7 Days: 64 (up from last week)

- Homes Sold in the last 30 Days: 261 (down from last week)

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