RE/MAX Accord's Market Report

Walnut Creek, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Walnut Creek, CA

Thu Dec 26 2024
This week the median list price for Walnut Creek, CA is $1,725,000 with the market action index hovering around 62. This is an increase over last month's market action index of 56. Inventory has decreased to 22. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Walnut Creek, CA

Thu Dec 26 2024
This week the median list price for Walnut Creek, CA is $1,725,000 with the market action index hovering around 62. This is an increase over last month's market action index of 56. Inventory has decreased to 22. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Walnut Creek market.
Median List Price $1,725,000
Median Price of New Listings $1,424,500
Per Square Foot $720
Average Days on Market 72
Median Days on Market 49
Price Decreased 41%
Price Increased 5%
Relisted 5%
Inventory 22
Median Rent
Market Action 62
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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 3,145 0.5 - 1 acre 4 3 29 0 2 98
$2,054,280 2,665 0.25 - 0.5 acre 4 3 35 1 1 14
$1,625,000 2,354 0.25 - 0.5 acre 4 3 57 0 0 35
$1,299,000 1,711 0.25 - 0.5 acre 3 2 63 1 2 49