In November 2024, the median sale price of a home in Contra Costa County fell by $26,000 from the same period in the previous year, while total sales increased by 13.7%, according to BlockShopper.com.
There were 689 homes sold in November 2024, with a median sale price of $765,000 — a 3.3% decrease from the $791,000 median sale price during the same period of the previous year. In comparison, 606 homes were sold in Contra Costa County in November 2023.
The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market’s value in 2000.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.
The following histogram displays changes in median sales prices in Contra Costa County from November 2023 to November 2024.
