RE/MAX Accord's Market Report
Walnut Creek, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Walnut Creek, CA
Wed Jan 22 2025
This week the median list price for Walnut Creek, CA is $1,900,000 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has decreased to 13.
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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $1,900,000 | |
| Median Price of New Listings | $1,499,000 | |
| Per Square Foot | $745 | |
| Average Days on Market | 65 | |
| Median Days on Market | 42 | |
| Price Decreased | 15% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 13 | |
| Median Rent | ||
| Market Action | 67 | |
| Strong Seller's Market | ||
The price per square foot is increasing a bit recently and overall price trends haven’t shown a consistent upwardly push. This can imply that investment conditions are opportunistic. Watch the Remodel Index for a more detailed analysis of the investment opportunity in the area.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,995,000 | 3,145 | 0.5 - 1 acre | 4 | 4 | 1 | 0 | 0 | 133 |
| $1,999,999 | 2,280 | 0 - 4,500 sqft | 4 | 3 | 1 | 0 | 0 | 42 |
| $1,769,000 | 2,402 | 0.25 - 0.5 acre | 4 | 2 | 56 | 2 | 0 | 0 |
| $1,249,449 | 1,530 | 8,000 - 10,000 sqft | 3 | 2.5 | 65 | 1 | 1 | 42 |