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Good morning Bay Area!
Here is your latest picture. Please reach out if you have any questions!
REAL ESTATE MARKET SNAPSHOT (based on local BridgeMLS data)
Alameda County as of 7/17/2024
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Months Supply of Inventory: same as from last week: 2.1 months
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# of New Properties on Market Last 7 Days: up from last week: 507 (was 258)
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# of Properties Under Contract Last 7 Days: up from last week: 217 (was 206)
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# of currently Available Properties: up from last week: 2,105 (was 2,016)
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Median Listing Price
Single Family: down from last week: $1.2mil (was $1.28mil)
Condos/Townhomes: down from last week: $705k (was $749k)
Multi-unit up to 4 units: up from last week: $1mil (was $900k)
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Median Sold Price (last 30 days)
Single Family: up from last week: $1.35mil (was $1.33mil)
Condos/Townhomes: slightly down from last week: $745k (was $748k)
Multi-unit up to 4 units: down from last week: $1mil (was $1.1mil)
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Median days on market: same as last week: 13
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Homes Sold in the last 7 Days: up from last week: 248 (was 177)
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Homes Sold in the last 30 Days: up from last week: 960 (was 951)
Contra Costa County as of 7/17/2024
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Months Supply of Inventory: up from last week: 2.1 months (was 2)
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# of New Properties on Market Last 7 Days: up from last week: 447 (was 265)
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# of Properties Under Contract Last 7 Days: down from last week: 223 (was 234)
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# of currently Available Properties: up from last week: 1,882 (was 1,824)
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Median Listing Price
Single Family: same as last week: $900k
Condos/Townhomes: down from last week: $520k (was $575k)
Multi-unit up to 4 units: down from last week: $890k (was $1mil)
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Median Sold Price (last 30 days)
Single Family: up from last week: $890k (was $850k)
Condos/Townhomes: up from last week: $655k (was $495k)
Multi-unit up to 4 units: slightly down from last week: $880k (was $884k)
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Median days on market: same as last week: 14
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Homes Sold in the last 7 Days: up from last week: 199 (was 156)
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Homes Sold in the last 30 Days: down from last week: 856 (was 899)
Marin County as of 7/17/2024
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Months Supply of Inventory: down from last week: 1.7 months (was 1.8)
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# of New Properties on Market Last 7 Days: up from last week: 54 (was 24)
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# of Properties Under Contract Last 7 Days: up from last week: 64 (was 49)
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# of currently Available Properties: down from last week: 420 (was 435)
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Median Listing Price
Single Family: up from last week: $1.7mil (was $1.47mil)
Condos/Townhomes: up from last week: $746k (was $675k)
Multi-unit up to 4 units: not enough sample size to compare
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Median Sold Price (last 30 days)
Single Family: down from last week: $1.7mil (was $1.74mil)
Condos/Townhomes: up from last week: $812k (was $720k)
Multi-unit up to 4 units: up from last week: $1.05mil (was $900k)
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Median days on market: quicker than last week: 19 (was 20)
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Homes Sold in the last 7 Days: up from last week: 56 (was 38)
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Homes Sold in the last 30 Days: up from last week: 250 (was 237)
If there's a specific city or neighborhood you're interested in, please let me know!
I wish you all a wonderful week!
Best,
Basak
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