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Walnut Creek Real Estate Prices And Market Stats

  • 166 Total For Sale
  • 33 New Listings
  • 20 Price Change
  • 1 REO

There are currently 166 properties for sale and Walnut Creek real estate prices are between $299,000 and $3,475,000. The median price for homes that are currently for sale is $830,000. Homes are selling for about $530 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.

Median Price

$830,000

$299,000
Lowest Priced

$3,475,000
Highest Priced

Avg Price/SQFT

$530

$327
Lowest

$1,072
Highest

Avg DOM

26

Walnut-Creek Residential Real Estate Analysis

June 2019 VS. June 2018

Detached Homes

Unit Sales

57 Sales -3% (59)

Median Sales Price

$1,135,000 -0% ($1,140,000)

Avg $/sqft

$571 0% ($570)

Average Days On Market

20 21% (16)

Selling/listing Price

102% -1% (103%)

Condos

Unit Sales

78 Sales 4% (75)

Median Sales Price

$557,000 0% ($555,000)

Avg $/sqft

$518 9% ($476)

Average Days On Market

28 29% (22)

Selling/listing Price

101% -0% (101%)

Townhomes

Unit Sales

24 Sales 50% (16)

Median Sales Price

$749,500 -1% ($755,000)

Avg $/sqft

$489 0% ($488)

Average Days On Market

25 110% (12)

Selling/listing Price

99% -4% (103%)

Walnut-Creek Sales Rate (Absortion Rate)

This is a measure, in weeks, of how long it would take to sell all of the existing properties currently for sale in Walnut-Creek based on the recent historic rate of sales. It is calculated by dividing the number of active listings by the run-rate of sales for properties in Walnut-Creek over the last months years. It does not account for seasonal variance, which can be significant. Normally the run rate will accelerate in the spring/summer and slow down in the fall/winter. This means that in a "normal year" the trends will slightly over state the index in the spring/summer and understate it in the fall/winter. Basically, this measure attempts to place the current inventory into the context of whether it is a Buyer's, Seller's or Balanced market. Buyer's market is over 16 weeks and a seller's market is under 16 weeks.

Detached Homes

Sales per Week

15.92 sold/week

total Currently for sale

67

Absorption Rate

4.21 weeks

Condos

Sales per Week

20.50 sold/week

total Currently for sale

79

Absorption Rate

3.85 weeks

Townhomes

Sales per Week

4.33 sold/week

total Currently for sale

20

Absorption Rate

4.62 weeks

All

Sales per Week

40.83 sold/week

total Currently for sale

166

Absorption Rate

4.07 weeks

Walnut-Creek Real Estate Price trends

Key Insights
  • The monthly median selling price is on a 1 month price trend where property prices have decreased 0%

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 New Listings Total Listings
Top/First $1,305,000 2,511 11 1974 0 121 Most Expensive 25% of properties
Upper/Second $915,000 1,650 10 1973 0 121 Upper-middle 25% of properties
Lower/Third $640,000 1,324 12 1977 0 121 Lower-middle 25% of properties
Bottom/Fourth $425,000 945 15 1974 0 120 Least expensive 25% of properties

Walnut-Creek Price Per Square Foot 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 Home SQFT Price 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 Avg Year Built
Largest 25% sqft (121) 1,991 - 5,361 $519 $1,280,000 11 1977
Upper-middle 25% sqft (121) 1,433 - 1,990 $551 $925,000 10 1970
Lower-middle 25% sqft (121) 1,081 - 1,431 $521 $609,000 11 1971
Smallest 25% sqft (120) 462 - 1,081 $534 $434,000 16 1979

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.

Date Median Price DOM Avg $/sqft Sales Ratio
Jun/2019 $759,000 12 $533 101.90%
May/2019 $800,000 11 $541 101.74%
Apr/2019 $750,000 12 $517 101.55%
Mar/2019 $780,000 11 $520 101.67%
Feb/2019 $677,000 10 $482 100.74%
Jan/2019 $689,000 18 $494 99.94%
Dec/2018 $699,750 22 $497 99.86%
Nov/2018 $699,000 15 $512 101.42%
Oct/2018 $724,500 13 $513 101.10%
Sep/2018 $664,250 17 $496 101.06%
Aug/2018 $748,900 13 $511 101.72%
Jul/2018 $799,000 12 $520 102.85%
Jun/2018 $777,250 11 $514 102.83%

Complete Residential Inventory

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

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 19 $369,500 $407,937 739 $531 $550
2 48 $539,000 $612,795 1,176 $475 $519
3 12 $830,000 $927,835 1,717 $529 $539
all 79 $529,000 $611,380 1,153 $508 $529

Detached - Single Family Homes

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 2 $845,000 $845,000 931 $913 $913
3 15 $1,015,000 $1,070,725 1,897 $559 $577
4 32 $1,257,000 $1,382,992 2,545 $520 $544
5 15 $1,979,000 $1,894,986 3,798 $493 $498
6 3 $1,647,000 $2,073,667 5,008 $416 $411
all 67 $1,295,000 $1,442,573 2,743 $526 $546

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 9 $650,000 $675,000 1,311 $509 $528
3 10 $849,500 $865,469 1,962 $464 $447
4 1 $879,000 $879,000 2,206 $398 $398
all 20 $774,944 $780,434 1,682 $474 $481