East Bay Real Estate Market Trends

Q1 Analysis: Jan- March

2024:

Active Listings: 57

Avg. List Price: $1,376,974 (↑)

Avg. Sale Price: $1,540,577 (↑)

Closed Sales: 100 (↑)

Avg. Days on Market: 25 (↓)

2023:

Avg. List Price: $1,349,524 (↓)

Avg. Sale Price: $1,513,441 (↓)

Closed Sales: 93 (↓)

Avg. Days on Market: 28 (↑)

2022:

Avg. List Price: $1,472,119

Avg. Sale Price: $1,805,483

Closed Sales: 130

Avg. Days on Market: 25

Key Takeaway:

In Q1 2024, Berkeley's real estate market has shown an increase in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. However, properties are spending fewer days on the market, indicating a quicker turnover. When compared to Q1 2022, there is a noticeable decrease in both average list and sale prices, as well as in closed sales, suggesting a potential shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan- March

2024:

Active Listings: 81*

Avg. List Price: $766,290 (↑)

Avg. Sale Price: $789,677 (↑)

Closed Sales: 189 (↑)

Avg. Days on Market: 23 (↓)

2023:

Avg. List Price: $720,052 (↓)

Avg. Sale Price: $724,256 (↓)

Closed Sales: 180 (↓)

Avg. Days on Market: 34 (↑)

2022:

Avg. List Price: $745,340

Avg. Sale Price: $823,141

Closed Sales: 293

Avg. Days on Market: 12

Key Takeaway:

In Q1 2024, Concord's real estate market has experienced an increase in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. However, homes are staying on the market for a longer period. Compared to Q1 2022, there is a decrease in both average list and sale prices, and a significant drop in closed sales, indicating a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan- March

2024:

Active Listings: 15*

Avg. List Price: $1,127,210 (↑)

Avg. Sale Price: $1,334,071 (↑)

Closed Sales: 28 (↓)

Avg. Days on Market: 27 (↓)

2023:

Avg. List Price: $1,089,546 (↑)

Avg. Sale Price: $1,181,959 (↓)

Closed Sales: 37 (↓)

Avg. Days on Market: 29 (↑)

2022:

Avg. List Price: $1,039,243

Avg. Sale Price: $1,286,672

Closed Sales: 49

Avg. Days on Market: 26

Key Takeaway:

In Q1 2024, El Cerrito's real estate market has seen an increase in average list and sale prices compared to Q1 2023, but the number of closed sales has decreased. The average days on market have also decreased slightly, indicating a quicker turnover of properties. Compared to Q1 2022, there is an overall increase in list and sale prices, but a significant decrease in closed sales, suggesting a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan- March

2024:

Active Listings: 29*

Avg. List Price: $2,165,202 (↑)

Avg. Sale Price: $2,219,016 (↑)

Closed Sales: 54 (↑)

Avg. Days on Market: 29 (↑)

2023:

Avg. List Price: $2,006,572 (↓)

Avg. Sale Price: $1,999,930 (↓)

Closed Sales: 40 (↓)

Avg. Days on Market: 27 (↑)

2022:

Avg. List Price: $2,627,467

Avg. Sale Price: $2,901,648

Closed Sales: 70

Avg. Days on Market: 17

Key Takeaway:

In Q1 2024, Lafayette's real estate market has experienced an increase in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. However, homes are staying on the market for a longer period. Compared to Q1 2022, there is a significant decrease in both average list and sale prices, and a notable drop in closed sales, indicating a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan- March

2024:

Active Listings: 9*

Avg. List Price: $1,657,086 (↑)

Avg. Sale Price: $1,690,297 (↑)

Closed Sales: 21 (↑)

Avg. Days on Market: 12 (↓)

2023:

Avg. List Price: $1,556,139 (↓)

Avg. Sale Price: $1,606,833 (↓)

Closed Sales: 18 (↓)

Avg. Days on Market: 35 (↑)

2022:

Avg. List Price: $1,670,530

Avg. Sale Price: $1,983,766

Closed Sales: 32

Avg. Days on Market: 9

Key Takeaway:

In Q1 2024, Moraga's real estate market has seen an increase in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. However, homes are spending slightly more days on the market. Compared to Q1 2022, there is a decrease in both average list and sale prices, and a significant drop in closed sales, indicating a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan- March

2024:

Active Listings: 438*

Avg. List Price: $882,169 (↓)

Avg. Sale Price: $957,379 (↓)

Closed Sales: 450 (↑)

Avg. Days on Market: 37 (→)

2023:

Avg. List Price: $892,516 (↑)

Avg. Sale Price: $959,196 (↓)

Closed Sales: 444 (↓)

Avg. Days on Market: 37 (↑)

2022:

Avg. List Price: $885,767

Avg. Sale Price: $1,054,342

Closed Sales: 730

Avg. Days on Market: 26

Key Takeaway:

In Q1 2024, Oakland's real estate market has experienced a slight decrease in average list and sale prices compared to Q1 2023, but the number of closed sales has increased. The average days on market remain unchanged from the previous year. Compared to Q1 2022, there is a notable decrease in both average list and sale prices, and a significant drop in closed sales, indicating a shift in market dynamics.

*Reported on 4/3/2024

Q1 Analysis: Jan- March

2024:

Active Listings: 17*

Avg. List Price: $2,107,626 (↑)

Avg. Sale Price: $2,172,571 (↑)

Closed Sales: 35 (↑)

Avg. Days on Market: 23 (↓)

2023:

Avg. List Price: $1,839,033 (↓)

Avg. Sale Price: $1,829,666 (↓)

Closed Sales: 30 (↓)

Avg. Days on Market: 38 (↑)

2022:

Avg. List Price: $1,988,743

Avg. Sale Price: $2,174,079

Closed Sales: 35

Avg. Days on Market: 16

Key Takeaway:

In Q1 2024, Orinda's real estate market has seen an increase in average list and sale prices compared to Q1 2023, with the number of closed sales remaining steady. However, homes are spending fewer days on the market. Compared to Q1 2022, there is a slight increase in the average list price, while the average sale price and closed sales remain similar, indicating a stable market.

*Reported on 4/3/2024

Q1 Analysis: Jan- March

2024:

Active Listings: 44*

Avg. List Price: $818,645 (↑)

Avg. Sale Price: $853,855 (↑)

Closed Sales: 96 (↑)

Avg. Days on Market: 21 (↓)

2023:

Avg. List Price: $778,683 (↓)

Avg. Sale Price: $797,229 (↓)

Closed Sales: 93 (↓)

Avg. Days on Market: 26 (↑)

2022:

Avg. List Price: $790,932

Avg. Sale Price: $914,162

Closed Sales: 141

Avg. Days on Market: 12

Key Takeaway:

In Q1 2024, San Leandro's real estate market has experienced an increase in average list and sale prices, as well as in the number of closed sales, compared to Q1 2023. Additionally, homes are spending fewer days on the market. Compared to Q1 2022, there is a slight increase in the average list price, but a noticeable decrease in both average sale price and closed sales, indicating a shift in market dynamics.

*Reported on 4/3/2024