Ascend RE April 20, 2026
The East Bay housing market is showing a clear split this spring, with single-family homes holding strong while the condo market continues to soften.
Single-family home prices remain steady across the region. In Alameda County, prices are essentially flat year-over-year, while Contra Costa County has seen only a slight dip. This stability reflects continued buyer demand, especially for detached homes, even as interest rates remain elevated.
Condos, however, are telling a different story. Alameda County has experienced a notable double-digit price decline, while Contra Costa has seen more modest decreases. This ongoing softness highlights a shift in buyer preference toward single-family homes, leaving condos with less pricing power.
Inventory remains constrained overall, down more than 20% compared to last year. Even as new listings increase with the spring season, strong demand is quickly absorbing available homes—particularly in the single-family segment—keeping supply tight.
Homes are still moving quickly. Single-family properties are selling in under two weeks on average, signaling a highly competitive environment. Condos are taking longer, but are still selling at a reasonable pace by historical standards.
Ultimately, the East Bay market is defined by two very different dynamics. Single-family homes remain firmly in seller’s market territory, with extremely low inventory and strong competition. Meanwhile, condos have shifted into a buyer’s market, offering more negotiating power and opportunity for those looking to enter the market at a more favorable price point.
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Provided Courtesy of Ascend Real Estate
Provided Courtesy of Ascend Real Estate
Provided courtesy of Ascend Real Estate
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