💥 June Housing Shake-Up: What Contra Costa’s Price Drop Means for Buyers and Sellers

Wondering if the Bay Area market is finally cooling? In Contra Costa County, prices dipped in May for the first time in a while, and that shift is starting to change buyer and seller behavior. If you have been waiting for a better entry point or wondering how to time your sale, this update is for you.

Prices Are Down, Choices Are Up

In May, Contra Costa’s median home price fell nearly 5 percent year over year to $824,000. That is a big change in a market that has been known for its fierce competition. Homes are also staying on the market longer, averaging 20 days compared to just 13 last year.

At the same time, active listings are up 10 percent month over month, giving buyers more room to explore, and more leverage.

For Buyers: The Window Just Opened

If you stepped back earlier this year due to bidding wars or price pressure, now might be your time to reengage.

• More listings = more negotiating power

• Homes are now selling closer to list price 101.5 percent vs. 103.2 percent last year

• Properties sitting for more than two weeks may be open to offers with flexible terms

💡 Tip: Be prepared, be decisive, and look for homes with recent price drops or longer days on market.

🏡 For Sellers: Strategy Is Key

You can still sell strong, but timing and prep are everything.

• The market is still competitive, but buyers have more choice

• Overpricing risks longer market time and price reductions

• Well-priced homes with great presentation are still seeing multiple offers

💡 Tip: Review recent comps closely and be ready to attract serious buyers in the first two weeks.

📌 Bottom Line

Contra Costa’s June slowdown is not a market crash, it is a shift in momentum. Buyers are gaining a bit more power, while sellers still hold a strong position if they price and prepare smartly.

Have questions about timing your move or maximizing your next step?

📲 Schedule a quick call or browse current listings on my site today.