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  • Writer's pictureJudy Sin

Jan 11-25: Walnut Creek, Pleasant Hill Sold and Pending Homes

Total sold: 23

Lowest: $295,000/ Highest: $1,425,000

Median days on market: 23 days

Median sold price: $575,000

Total transactions: Approx $16m

Total pending: 42

Lowest: $210,000/ Highest: $1,795,000

Median days on market: 14 days

Median asking price: $649,500

Total For Sale: 129

Walnut Creek (100) - median price $854,750

Orinda (29) - median price $1,079,000

Here’s why Q4 2022 was the bottom of the recent real estate cycle

  1. 25% increase in weekly mortgage applications

  2. Mortgage rate is at a 4 month low

  3. In Q4 2022, 42% of sellers were giving concessions to buyers (a 10-year high)

  4. Increase in buyers’ activities, open house traffic, and offers

  5. Properties are receiving multiple offers after 1st open house again

Do you have any questions about value in Walnut Creek, Pleasant Hill CA, or what’s going on in the market? Reach out to Lamorinda realtor Judy Sin today.

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