Contra Costa County Single-Family Homes Much like Alameda County, Contra Costa County experienced notable strength throughout Q3 this year, which can otherwise be seen as a slower selling season despite the excessive heat of these summer months. But instead homebuyers are flocking to Contra Costa County for its affordability, lifestyle, infrastructure, and top-notch schools which has led to Q3 price gains felt in every community here. Contra Costa County’s $795,423 average sales price this quarter was 10 percent higher than just a year ago, and also the highest third-quarter average recorded since 2008. Sales volume only fell 1 percent from the typically busier second quarter, clocking in a total of 3,024 homes sold in Q3. This figure was also up 2 percent from the previous year. On average, homes in Contra Costa County sold after spending 24 DOM, moving at exactly the same pace as it did this time last year.
CONTRA COSTA COUNTY Average Sales Price
Days on Market
Average Price Per Sq. Ft.
Q3 2017
$795,423
24
$384
change
-5%
26%
-3%
Q2 2017
$836,979
19
$395
Q3 2017
$795,423
24
$384
change
10%
0%
8%
Q3 2016
$724,713
24
$356
* Data is sourced from the San Francisco Multiple Listing Service, the East Bay Region District Listing Service, Bay Area Real Estate Information Services, and MLS Listings (MLS). MLS data is provided by individual listing brokerages. These are sources we deem reliable. We have no reason to doubt their accuracy, but we do not guarantee them. Past performance does not guarantee future performance
Page 26 | McGuire Real Estate Quarterly Report - 3rd Quarter 2017