June 2025 - East Bay Market Insights

The Local Lowdown

Quick Take:

• Median sale prices in the East Bay remain shockingly resilient, barely moving on a year-over-year basis.

• With considerably more inventory on the market than this time last year, inventories have exploded in the East Bay.

• Although inventories are up, listings are still being bought up at break-neck speeds.

The East Bay has retained its tremendous resilience

East Bay continues to shine as one of the most stable markets in the Bay Area. Median prices have barely budged: Contra Costa (-0.01%) and Alameda (-1.46%). Condo markets, however, are more varied, with Alameda condos dropping 16.43%, while Contra Costa condos dipped just 0.71%.

Inventory levels continue to surge upward throughout the East Bay

Active listings surged:

• Single-family homes: +31.42% YoY

• Condos: +22.80% YoY

Sales volume dropped, which is driving the rise in inventory:

• Single-family homes: -15.57% YoY

• Condos: -25.09% YoY

Listings are spending comparatively more time on the market

Even so, homes are still moving fairly quickly. The average single-family home in Contra Costa is selling in 14 days, despite sitting 40% longer than last year.

The single-family market is dominated by sellers, while the condo market is controlled by buyers

MSI breakdown:

• Single-family: Alameda: 2.3 months, Contra Costa: 2.8 months — both favor sellers

• Condos: Alameda: 4.8 months, Contra Costa: 3.9 months — tilting toward buyers

Bottom Line: Buyers have more options, especially in the condo segment. Sellers, especially of single-family homes, still hold an advantage — but strategy is key in this more balanced market.