February Real Estate Update

While U.S. home price appreciation is expected to moderate in the coming year, price growth in California should increase slightly, putting it at double the national rate by the end of 2018.

As for Walnut Creek, the median sale price was up year over year by 9%, going from $465,000 to $508,500.
Sold properties were down year over year by 8% from 145 to 134.
Properties under contract went up year over year by 10%, going from 143 to 158.
New properties went down year over year by 10%, from 182 to 164.
For sale properties also went down year over year by 3% from 392 to 382.
Expired properties went up by 6% from 35 to 37.
The average days on the market went down to 13%, going from 29 to 25.

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