RE/MAX Accord's Market Report

Walnut Creek, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Walnut Creek, CA

Tue Oct 15 2024
This week the median list price for Walnut Creek, CA is $1,669,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has decreased to 65. Click here to stay informed with the Walnut Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Walnut Creek, CA

Tue Oct 15 2024
This week the median list price for Walnut Creek, CA is $1,669,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has decreased to 65. Click here to stay informed with the Walnut Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Walnut Creek market.
Median List Price $1,669,000
Median Price of New Listings $1,535,000
Per Square Foot $725
Average Days on Market 60
Median Days on Market 35
Price Decreased 37%
Price Increased 0%
Relisted 11%
Inventory 65
Median Rent
Market Action 50
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,800,000 3,659 0.5 - 1 acre 5 3 32 1 3 56
$1,847,400 2,531 0.25 - 0.5 acre 4 3 49 2 4 56
$1,537,500 1,929 0.25 - 0.5 acre 4 2 65 4 4 24
$1,349,000 1,825 0.25 - 0.5 acre 3 2 54 3 3 21