If you're thinking about buying or selling in Walnut Creek, the market continues to favor sellers—but buyers have more opportunities than they did a year ago.
According to the latest Walnut Creek Market Activity Report, the city has 2.51 months of inventory, keeping it firmly in a seller's market. Homes are moving quickly, with a median of just 15 days on the market, and sellers are receiving 100.1% of their asking price on average, showing that well-priced homes continue to attract strong demand.
Home values remain stable, with the median estimated property value at $1.212 million. While the median sold price dipped to $1,012,500 compared to the previous month, monthly fluctuations are common and don't necessarily indicate a declining market. In fact, median sold prices are still 8.3% higher than one year ago.
For buyers, today's market offers slightly more inventory and more choices than in recent years, but desirable homes still sell quickly. Being pre-approved and ready to act remains important.
For sellers, the market continues to provide an advantage. Proper pricing, professional marketing, and strong presentation are still the keys to attracting competitive offers.
Bottom Line
Walnut Creek remains one of the East Bay's strongest real estate markets. Whether you're buying or selling, understanding local market trends—not national headlines—can help you make smarter real estate decisions.