Though Covid-19 upended many normal seasonal trends this year, the market did begin its typical “holiday season” slowdown in November - however activity remained well above levels of last year. It is unknown how the latest pandemic circumstances may affect the market in December, which is usually by far the slowest month of the year.
More importantly, we hope you and your loved ones stay safe and well during this holiday season.
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This first chart tracks percentage changes in county median house sales price since 2007. It is based upon the Q1 2007 price being indexed to 100: A reading of 50 signifies a median price half that in Q1 2007; 115 means the price is up 15% since then.
The second chart illustrates monthly median house prices for Northern Contra Costa since spring 2018. There has been a very dramatic increase since the pandemic struck.
