Leave a Message

Thank you for your message. We will be in touch with you shortly.

May '25 Deep Dive - East Bay

Ascend RE June 6, 2025

May '25 Deep Dive - East Bay

The Local Lowdown

Quick Take:

In the month of April, we saw considerable year-over-year declines in median sale prices throughout the East Bay.

Both single-family home and condo inventory have skyrocketed on a year-over-year basis by roughly 43%.

  • Listings are sitting on the market for a few days longer than they were around this time last year.

The median sale price of a condo in Contra Costa County decreased by 12%!

In April, we continued to see price adjustments across the East Bay, with the most significant drop coming from condos in Contra Costa County. That said, most other segments experienced more modest shifts. Condos in Alameda County saw a 3.04% year-over-year dip in median sale price, while single-family homes declined by 3.21% in Alameda County and 4.31% in Contra Costa County.

Inventories are at the highest level we’ve seen in the past two years

April brought a surge of new listings without a matching pace of sales, especially in the single-family home market. New listings were up 7.47% year-over-year, while sales dropped 12.21%, pushing active inventory 43.69% higher than this time last year. Condos followed a similar pattern—despite fewer new listings compared to last April, an even sharper decline in sales has driven condo inventory up by 42.78% year-over-year. After months of steady buildup, today’s buyers are seeing far more options than they had just a year ago.

Despite high inventory levels, homes are still moving quickly!

Hearing that inventories are rising and prices are dropping might lead you to think homes are lingering on the market for months. While it’s true listings are staying a bit longer, the average single-family home in the East Bay is still selling fast—typically within 13 days. Condos naturally take a little more time to move, but they’re still selling briskly, with the average condo spending just 19 days on the market in Alameda County and 26 days in Contra Costa County.

The East Bay single-family home market remains a seller’s market - for now

To gauge whether the market favors buyers or sellers, we rely on the Months of Supply Inventory (MSI) metric. In California, around three months of supply typically signals a balanced market. When MSI dips below three months, it’s a seller’s market; when it rises above, it shifts to a buyer’s market. With inventories rising in the East Bay and demand staying steady, the MSI has been climbing. Normally, supply grows into the summer, and with single-family homes currently at 2.2 months in Alameda and 2.5 months in Contra Costa, these markets are edging closer to flipping into buyer’s territory. Meanwhile, condos already lean heavily in favor of buyers, with 4.7 months of supply in Alameda and 3.9 in Contra Costa—making now an ideal time for East Bay condo buyers to strike.

Bottom Line

In April, the East Bay housing market saw notable shifts, highlighted by a sharp 12% drop in median condo prices in Contra Costa County, while other segments experienced more modest declines. Inventory levels surged to their highest in two years, with new single-family home listings up 7.47% year-over-year but sales down 12.21%, pushing active inventory nearly 44% higher than last year. Despite rising inventories and price adjustments, homes continue to sell quickly—single-family homes average just 13 days on the market, and condos move within 19 to 26 days depending on the county. While single-family markets in Alameda and Contra Costa remain sellers’ markets with around 2.2 to 2.5 months of supply, they are approaching a potential shift toward buyers as supply builds. Meanwhile, the condo market strongly favors buyers, with 3.9 to 4.7 months of inventory, making it a prime time for East Bay condo buyers to act.

Recent Blog Posts

Browse our blog posts to be in the know.

2025 Upcoming Events

2025 Upcoming Events

May '25 Deep Dive - North Bay

May '25 Deep Dive - East Bay

May '25 Deep Dive - Silicon Valley

May '25 Deep Dive - San Francisco

April '25 Deep Dive - North Bay

April '25 Deep Dive - East Bay

April '25 Deep Dive - Silicon Valley

April '25 Deep Dive - San Francisco

Living with the Roar

Navigating Airport & Freeway Noise in San Francisco

March '25 Market Deep Dive - North Bay

March '25 Market Deep Dive - Silicon Valley

March '25 Market Deep Dive - East Bay

March '25 Market Deep Dive - San Francisco

The Unique Weather of San Francisco

A Guide for Locals and Visitors

Your Spring Guide to Bay Area Farmers’ Markets

Full Guide to 79 different farmers’ markets in San Francisco and beyond.

Little Learners, Big Futures: The Best Preschools in San Francisco

Where Curiosity Meets Creativity – Top Early Learning Centers for Your Child’s Bright Beginning

February Market Deep Dive - North Bay

February Market Deep Dive - Silicon Valley

February Market Deep Dive - East Bay

February Market Deep Dive - San Francisco

Top-Rated Daycares Near San Francisco

A Parent’s Guide to Quality Childcare

Escape the City

Top Scenic Parks Near San Francisco for Nature Lovers

January 2025 Market Deep Dive - Silicon Valley

January 2025 Market Deep Dive - North Bay

January 2025 Market Deep Dive - East Bay

January 2025 Market Deep Dive - San Francisco

Exploring the Best Neighborhoods Near San Francisco

Discovering Your Perfect Bay Area Escape

Pedal Through Paradise

Top Biking Trails Near San Francisco

Navigating the Bay: Your Guide to Public Transit Adventures

Embrace the Ease of Travel Across the Bay Area

North Bay December '24 Real Estate Update Ascend RE

South Bay Peninsula December '24 Real Estate Update Ascend RE

East Bay December '24 Real Estate Update Ascend RE

San Francisco December '24 Real Estate Update Ascend RE

Bay Area Bliss

Unveiling the Best Amenities Near San Francisco

San Francisco November '24 Real Estate Update Ascend RE

East Bay November '24 Real Estate Update Ascend RE

South Bay Peninsula November '24 Real Estate Update Ascend RE

North Bay November '24 Real Estate Update Ascend RE

2024 Bay Area Holiday Schedule

Top Grocery Stores & Markets Near San Francisco

Your Guide to Fresh Finds and Specialty Foods in the Bay Area

North Bay October '24 Real Estate Update Ascend RE

South Bay Peninsula October '24 Real Estate Update Ascend RE

East Bay October '24 Real Estate Update Ascend RE

San Francisco October '24 Real Estate Update Ascend RE

Shaping the Future

A Creative Guide to the Top Schools Near San Francisco

14 Terrifying Bay Area Haunted Houses For The Bravest Among Us

From Ramen to Rice Paper

Discover the Best Asian Markets Near San Francisco

A Guide to the Best Mexican Eats

Top Taquerias Near San Francisco

San Francisco September '24 Real Estate Update Ascend RE

East Bay September '24 Real Estate Update Ascend RE

South Bay Peninsula September '24 Real Estate Update Ascend RE

North Bay September '24 Real Estate Update Ascend RE

Explore the Bay Area's Natural Beauty

Best Hiking Trails Near San Francisco

A Tail-Wagging Adventure

Top Dog Parks Near San Francisco

A Food Lover's Paradise

Top 10 Must-Try Restaurants Near San Francisco

Los Angeles August '24 Real Estate Update Ascend RE

San Francisco August '24 Real Estate Update Ascend RE

East Bay August '24 Real Estate Update Ascend RE

South Bay Peninsula August '24 Real Estate Update Ascend RE

North Bay August '24 Real Estate Update Ascend RE

North Bay July '24 Real Estate Update Ascend RE

San Francisco July '24 Real Estate Update Ascend RE

South Bay Peninsula July '24 Real Estate Update Ascend RE

East Bay July '24 Real Estate Update Ascend RE

Los Angeles July '24 Real Estate Update Ascend RE

Los Angeles June '24 Real Estate Update Ascend RE

San Francisco June '24 Real Estate Update Ascend RE

East Bay June '24 Real Estate Update Ascend RE

South Bay Peninsula June '24 Real Estate Update Ascend RE

North Bay June '24 Real Estate Update Ascend RE

San Francisco May '24 Real Estate Update Ascend RE

Los Angeles May '24 Real Estate Update Ascend RE

East Bay May '24 Real Estate Update Ascend RE

South Bay Peninsula May '24 Real Estate Update Ascend RE

North Bay May '24 Real Estate Update Ascend RE

Upholding Equality: The Significance of the Fair Housing Act

Bay Area: Spring and Summer Gardening Guide

North Bay April '24 Real Estate Update Ascend RE

South Bay Peninsula April '24 Real Estate Update Ascend RE

East Bay April '24 Real Estate Update Ascend RE

Los Angeles April '24 Real Estate Update Ascend RE

San Francisco April '24 Real Estate Update Ascend RE

South Bay Peninsula March '24 Real Estate Update Ascend RE

East Bay March '24 Real Estate Update Ascend RE

San Francisco March '24 Real Estate Update Ascend RE

Los Angeles March '24 Real Estate Update Ascend RE

North Bay March '24 Real Estate Update Ascend RE

Spring 2024 Farmer's Market Schedule

San Francisco February '24 Real Estate Update Ascend RE

Los Angeles February '24 Real Estate Update Ascend RE

North Bay February '24 Real Estate Update Ascend RE

South Bay Peninsula February '24 Real Estate Update Ascend RE

East Bay February '24 Real Estate Update Ascend RE

San Francisco January '24 Real Estate Update Ascend RE

Los Angeles January '24 Real Estate Update Ascend RE

North Bay January '24 Real Estate Update Ascend RE

South Bay Peninsula January '24 Real Estate Update Ascend RE

East Bay January '24 Real Estate Update Ascend RE

San Francisco December '23 Real Estate Update Ascend RE

Let’s Talk

You’ve got questions and we can’t wait to answer them.