RE/MAX Accord's Market Report

Walnut Creek, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Walnut Creek, CA

Thu Mar 28 2024
This week the median list price for Walnut Creek, CA is $1,799,000 with the market action index hovering around 62. This is less than last month's market action index of 65. Inventory has increased to 31. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Walnut Creek, CA

Thu Mar 28 2024
This week the median list price for Walnut Creek, CA is $1,799,000 with the market action index hovering around 62. This is less than last month's market action index of 65. Inventory has increased to 31. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Walnut Creek market.
Median List Price $1,799,000
Median Price of New Listings $1,669,000
Per Square Foot $750
Average Days on Market 42
Median Days on Market 21
Price Decreased 23%
Price Increased 6%
Relisted 3%
Inventory 31
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
$3,498,000 3,806 0.5 - 1 acre 5 4 45 0 0 49
$2,274,500 3,367 0.25 - 0.5 acre 4 3.3 39 3 2 21
$1,659,500 2,212 0.25 - 0.5 acre 4 3 61 4 4 3
$1,345,000 1,196 0.25 - 0.5 acre 2 1.5 71 4 5 10