Lamorinda and Contra Costa - Weekly Market Report: JAN 17 - 23, 2024

Check out this JAN 17 - 23, 2024 market report! Get the best insights on when to place a plan for your new home with this weekly market guide in South Bay.

📍 Lafayette 📍 Moraga 📍 Orinda
📍 Concord 📍 Pleasant Hill 📍 Walnut Creek

Lafayette's real estate market currently has 15 active listings, offering a reasonable selection for potential buyers. There has been 1 new listing introduced recently, suggesting a steady market. The median sold price in Lafayette stands at $1,118,640, making it a moderately priced market.

Homes in Lafayette tend to sell quickly, with a median of just 13 days on the market. The city has 4 pending sales, indicating ongoing buyer interest. Additionally, there has been 1 price change, reflecting some market activity.

Moraga reports 4 active listings, offering limited options for potential buyers. There have been no new listings recently, potentially indicating limited market activity. The median sold price in Moraga is $1,660,000, positioning it as a moderately priced market.

Homes in Moraga tend to stay on the market for a relatively short period, with a median of 16 days. There are 2 pending sales, suggesting some buyer interest. No recent price changes indicate pricing stability.

Orinda's real estate market is relatively small with only 6 active listings. There have been no new listings recently, which might indicate a slower market. Currently, there are no statistics available for the median sold price.

Concord's real estate market is bustling with 53 active listings, providing a diverse range of options. There have been 2 new listings introduced recently, highlighting a steady market. The median sold price in Concord is $674,000, making it an affordable choice for buyers.

Properties in Concord tend to stay on the market for an extended period, with a median of 38 days. The city has 18 pending sales, indicating strong buyer demand. Additionally, there have been 4 price changes, suggesting some negotiation room for buyers.

Pleasant Hill offers 11 active listings, with 2 new listings entering the market recently. The median sold price is $830,000, positioning it as a moderately priced market.

Homes in Pleasant Hill tend to stay on the market for a relatively long duration, with a median of 65 days. The city has 7 pending sales, indicating ongoing buyer interest. Currently, there are no recent price changes, suggesting stable pricing.

Walnut Creek's real estate market is the largest among these cities with 90 active listings, providing ample options for buyers. There have been 4 new listings introduced recently, indicating a robust market. The median sold price in Walnut Creek stands at $850,000, making it a moderately priced market.

Properties in Walnut Creek tend to sell relatively quickly, with a median of 23 days on the market. The city has 21 pending sales, indicating strong buyer demand. Additionally, there have been 4 price changes, potentially providing negotiation opportunities for buyers.

Overall Analysis:

Among these cities, Walnut Creek stands out with the highest number of active listings, showcasing a robust real estate market. Concord offers affordability, while Lafayette and Moraga provide moderately priced options. Orinda's market appears to be relatively small, and Pleasant Hill shows stability in pricing. The overall trend suggests that buyers are actively seeking homes in this region, with varying levels of inventory and pricing, making it a dynamic market for both buyers and sellers.


Want more professional advice on buying houses or listing your home in San Francisco Bay Area? 
Contact Tracy Tang Team for more exclusive info:

TRACY TANG
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(415)828-2961
[email protected]   
ALEX LAU
DRE# 01979954
(408)207-6113
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