Ascend RE February 20, 2026
The Local Lowdown
Single-family home prices posted modest year-over-year gains across both counties, while the condo market continued to slide with double-digit declines in Contra Costa County.
Inventories remain significantly lower than last year, with both single-family homes and condos down nearly 20% on a year-over-year basis.
Single-family homes continue to move quickly in Alameda County, but condos are spending considerably more time on the market across the region.
Single-family homes kick off 2026 with positive momentum
The East Bay single-family market opened the year on a positive note
Single-Family Homes:
Alameda County: Median price $1,150,000, up 2.86% year-over-year
Contra Costa County: Median price $800,000, up 2.04% year-over-year
Marks a turnaround after several months of flat or declining prices
Condominiums:
Alameda County: Median price $515,000, down 6.36% year-over-year
Contra Costa County: Median price $455,000, down 14.39% year-over-year
The divergence between strengthening single-family prices and weakening condo values continues to define the East Bay market
Inventory levels remain well below last year
Inventory levels remain significantly lower than this time last year
Single-Family Homes:
1,639 homes currently on the market
Down 18.58% year-over-year
Condominiums:
627 units currently available
Down 20.03% year-over-year
Ongoing inventory shortages continue to place upward pressure on single-family home prices
Limited supply makes it challenging for buyers to find suitable properties
Inventory typically builds during the spring months, which may help ease supply constraints if new listings are absorbed by the market
Condos are spending significantly more time on the market
The single-family home market remains relatively fast-moving, particularly in Alameda County
Single-Family Homes:
Alameda County: 19 days on market, unchanged year-over-year
Contra Costa County: 30 days on market, up 15.38% year-over-year
Condominiums:
Alameda County: 51 days on market
Contra Costa County: 52 days on market
Contra Costa condo market days on market up 67.74% year-over-year
Extended condo timelines reflect ongoing challenges in the segment
Buyers currently hold greater negotiating leverage in the condo market
The East Bay starts 2026 as a strong seller's market
Months of Supply Inventory (MSI) is the key metric used to define market conditions
California historically averages ~3 months of MSI, which represents a balanced market
Below 3 months of supply indicates a seller’s market
Above 3 months indicates a buyer’s market
East Bay Market Overview – Start of 2026:
Market firmly in seller’s market territory across both property types
Single-Family Homes:
Alameda County: 1.1 months of inventory, down 21.43% year-over-year
Contra Costa County: 1.5 months of inventory, down 16.67% year-over-year
Extremely tight supply signals strong competition for buyers
Condominiums:
Alameda County: 2.7 months of inventory
Contra Costa County: 2.9 months of inventory
Both counties now fall within seller’s market territory
Tightening condo supply may help stabilize pricing in the months ahead
Recent
Browse our blog posts to be in the know.
Provided Courtesy of Ascend Real Estate
Provided Courtesy of Ascend Real Estate
Provided courtesy of Ascend Real Estate
Welcome to our September newsletter, where we’ll discuss residential real estate trends in the East Bay and across the nation. This month, we’ll examine the state of t… Read more
The Big Story What to expect when you’re expecting inflation Quick Take: The number of homes sold in 2021 is set to be one of the highest on record. Inflation reached … Read more
Welcome to our September newsletter, where we’ll discuss residential real estate trends in Silicon Valley and across the nation. This month, we’ll examine the state of… Read more
Welcome to our September newsletter, where we’ll discuss residential real estate trends in San Francisco and across the nation. This month, we’ll examine the state of … Read more
As we end another crazy year, we are very grateful our kids are finally fully vaccinated, and a return to some sense of normalcy is in view. We are especially looking … Read more
Summer is here, and so are the boozy slushies, all-you-can-eat tacos and double cheeseburgers
The Big Story Where can home prices go from here? Quick Take: Home prices appreciated faster in 2021 than at any other time, even surpassing the 2004–2006 housing bubb… Read more
No doubt 2021 Bay Area housing markets was one of the wildest in recent memory! Our local real estate experts will share their year-end analysis of San Francisco, East… Read more
Welcome, welcome, welcome to 2022. Low inventory here in San Francisco gave us Realtors® a short respite. I took advantage of the slowdown and spent some time tailgati… Read more
Happy Autumn! With all the harvest festivals, this is one of my favorite times of year. My kids love the pick-your-own pumpkin activities, and we look forward to our a… Read more
Welcome to our October newsletter, where we’ll explore residential real estate trends in the East Bay and across the nation. This month, we examine the state of the U.… Read more
Friends and Clients enjoyed our October 23, 2021 event at 1856 15th Street, San Francisco
Welcome to 2022. Low inventory and year end gave us Realtors® a short respite. We took advantage of the slowdown to celebrate the holidays with family. We took the opp… Read more
Welcome to our October newsletter, where we’ll explore residential real estate trends in the Greater Bay Area and across the nation. This month, we examine the state o… Read more
With the new year, there are lots of changes but still the same challenges. With this comes anxiety and frustrations. What is for certain is that it’s your family’s jo… Read more
You’ve got questions and we can’t wait to answer them.