As you consider selling your home in Walnut Creek, it’s important to understand some key real estate metrics that can impact your sale. One metric that’s worth noting is the Months Supply of Inventory in Walnut Creek, which calculates how many months it would take for all current listings to sell given the current rate of sales. In this case, the Months Supply of Inventory is 1.07, which suggests that the market is currently experiencing a shortage of available homes for sale in Walnut Creek.

Another metric to consider is the 12-Month Change in Months of Inventory, which shows how much the Months Supply of Inventory has increased or decreased over the past year. In this case, the 12-Month Change in Months of Inventory is +37.18%, indicating that the market has become more saturated with available homes for sale over the past year.

Despite the increase in supply, homes in this market are still selling incredibly quickly. The Median Days Homes are On the Market is only 9, which means that properties are being snatched up in a matter of days. This is likely due to the List to Sold Price Percentage, which is currently at 104%. This means that, on average, homes are selling for 4% more than their list price, which is great news for sellers.

Finally, the Median Sold Price is $1,040,000, which paints a picture of a high-end market where properties are selling for top dollar.

Give me call for more detailed market data,

Todd Goforth, Walnut Creek Realtor

Todd Goforth, Walnut Creek Realtor
201 N Civic Dr #130
Walnut Creek, CA 94596

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