RE/MAX Accord's Market Report

Walnut Creek, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Walnut Creek, CA

Sun May 26 2024
This week the median list price for Walnut Creek, CA is $1,774,999 with the market action index hovering around 67. This is less than last month's market action index of 70. Inventory has increased to 60. 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

The market has started cooling and prices have been flat for several weeks. Since 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

Sun May 26 2024
This week the median list price for Walnut Creek, CA is $1,774,999 with the market action index hovering around 67. This is less than last month's market action index of 70. Inventory has increased to 60. 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

The market has started cooling and prices have been flat for several weeks. Since 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 $1,774,999
Median Price of New Listings $1,695,000
Per Square Foot $749
Average Days on Market 38
Median Days on Market 14
Price Decreased 20%
Price Increased 2%
Relisted 7%
Inventory 60
Median Rent
Market Action 67
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
$2,990,000 3,806 0.5 - 1 acre 5 4 32 2 0 28
$1,958,000 2,569 0.25 - 0.5 acre 4 3 49 6 3 14
$1,588,000 1,971 0.25 - 0.5 acre 4 2 58 6 4 7
$1,225,000 1,533 0.25 - 0.5 acre 3 2 70 5 3 14