Walnut Creek Real Estate Market Activity and Trends

Current Market Statistics for Active Listings

There are currently 118 properties for sale and Walnut Creek. Real estate prices are between $188,000 and $2,350,000. The median price for homes that are currently for sale is $648,000. Homes are selling for about $562 per square foot. If you are serious about buying a home, we highly recommend setting up a market watch notification so you don't miss out.

    Active - 77 New - 29 Price Change - 7 Active - Contingent - 3 Active-REO - 1 Active-Short Sale - 1

Median Price

$648,000

$188,000
Lowest Priced

$2,350,000
Highest Priced

Avg $/SQFT

$562

$291
Lowest

$1,010
Highest

Active Listings

118

Compared to 182 active listings at this time last year (Year-over-year)

Pending Sales

165

Compared to 167 active listings at this time last year (Year-over-year)

Walnut Creek Real Estate Price Trends

The real estate price trend chart shows the median selling prices for homes over time. A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the "noise" from random short-term price fluctuations. Use this chart with the inventory chart to determine if prices for homes will be going up or down.

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price.

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built Total Listings
Top/First $1,707,000 2,551 6 1975 159 Most Expensive 25% of properties
Upper/Second $1,199,000 1,778 7 1969 159 Upper-middle 25% of properties
Lower/Third $691,000 1,294 8 1979 159 Lower-middle 25% of properties
Bottom/Fourth $390,000 892 12 1972 159 Least expensive 25% of properties

Walnut Creek Price/SQFT Trends

The median and average square foot price trends. The square foot price is one of the best ways to get a good rough estimate of your homes worth.

Walnut Creek Price/SQFT Quartiles

If you try to use the average cost per foot to determine the approximate fair market value (FMV) of another property, you should be careful to understand a few key issues. First, the cost per foot tends to decrease as properties increase in size. In other words, the most expensive homes in Walnut Creek, on a cost per foot basis, will tend to be the smallest properties. This is because economies of scale make larger properties less expensive on a cost per foot basis. You should adjust the cost per foot up or down if the subject property is smaller or larger than the average sized home in Walnut Creek. The Home SQFT Price Quartiles chart helps give you a better understanding of sqft price and home size.

Quartile (# Listings) Sqft Range Avg. Sqft Price Median Price Avg. DOM
Largest 25% sqft (159) 2,028 - 5,196 $619 $1,665,000 7
Upper-middle 25% sqft (159) 1,457 - 2,021 $683 $1,187,500 7
Lower-middle 25% sqft (159) 1,058 - 1,450 $567 $650,000 7
Smallest 25% sqft (159) 462 - 1,054 $514 $398,000 13

Complete Active Residential Inventory

Below is all the properties currently for sale in Alameda, sorted by number of bedrooms.

Condo

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
1 18 $352,000 $389,424 711 $535
2 52 $535,000 $611,250 1,176 $511
3 5 $730,000 $772,590 1,840 $425

Detached

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
2 2 $1,300,000 $1,300,000 1,556 $828
3 11 $1,225,000 $1,224,081 1,693 $733
4 11 $1,488,000 $1,527,531 2,372 $684
5 8 $1,841,500 $1,887,125 3,390 $563

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg SQFT Avg $/SQFT
2 5 $659,000 $699,160 1,341 $527
3 5 $749,900 $789,560 1,548 $513
4 1 $1,150,000 $1,150,000 1,846 $623

Walnut Creek Real Estate Inventory - Monthly Active, Pending and Sold Activity

The real estate inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each month (pending) and sold each month. This chart is good at determining the supply and demand of properties. When trying to find trends in home prices, I look at the number of the new home listings and the current price trends.