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July East Bay Living: Market Updates, Summer Events & Local Favorites

July East Bay Living: Market Updates, Summer Events & Local Favorites


July 2026 East Bay Living
🏡 Featured Prosper Listings
📈 Market Update
📖 Selling in Summer- Helpful Hints
🎙️ Local Lowdown
🎉 Family-Friendly Events
🌽 Summer Recipe Featuring Brentwood Corn

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Market Updates
Quick Take:
  • Median home sale prices surged past last year's levels in May, as the spring selling season continues to build momentum.
  • Inventory levels have climbed back to where they were at this time last year, giving buyers more options heading into the summer.
  • Existing home sales posted their strongest year-over-year gain in quite some time, signaling that buyers are finally coming off the sidelines.

Why Summer Shows the Whole Story of a Home

Why Summer Matters
A home can look appealing in any season. Summer matters because it tests how a property performs when heat, sun, humidity, rain, and outdoor living all arrive at once. Those conditions affect many of the same areas a professional home inspection covers, including the structure, exterior, roof, HVAC systems, ventilation, insulation, and drainage. Common inspection concerns include improper drainage, HVAC issues, and structural problems, which helps explain why warm-weather observations can be so valuable.
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The Local Lowdown
  • Prices are on the rise across the board, with single-family homes and condos both posting year-over-year gains for the first time in over a year.
  • Inventory remains exceptionally tight, with single-family home supply down more than 27% compared to last year.
  • Single-family homes are selling faster than last year, while condos continue to take a bit longer to move.
Prices surge as the spring market hits its stride
May-June brought some exciting news for East Bay homeowners, as prices rose across the board for the first time in well over a year. In Alameda County, the median single-family home sold for $1,390,000, representing a 2.96% increase on a year-over-year basis. Contra Costa County saw similar gains, with the median single-family home selling for $922,500, up 2.50% compared to last year. Perhaps even more notable is the turnaround we're seeing in the condo market. Alameda County condos posted a 0.43% year-over-year gain, with the median condo selling for $587,500. While this is a modest increase, it marks the first positive year-over-year movement we've seen in the Alameda County condo market in quite some time. Contra Costa County condos fared even better, rising 6.92% to a median sale price of $510,000.

Inventory crunch intensifies as buyers compete for limited options
The inventory shortage that has defined the East Bay market continues to intensify. Single-family home inventory stood at just 2,621 units in May, representing a staggering 27.38% decline on a year-over-year basis. This is remarkable considering we're in the heart of the spring selling season, which is typically the busiest time of year for new listings. The condo market saw a similar trend, with inventory down 12.59% year-over-year to 965 units. This persistent lack of supply is the primary driver behind the price appreciation we're seeing, as buyers compete aggressively for a limited number of homes.

Single-family homes are moving even faster than last year
The tight inventory environment is pushing single-family homes to sell even faster than they did a year ago. The average single-family home in both Alameda and Contra Costa Counties sold in just 13 days, representing a 7.14% improvement on a year-over-year basis in both counties. The condo market is moving a bit more slowly, with the average condo in Alameda County spending 28 days on the market and Contra Costa County condos spending 26 days. While these figures represent year-over-year increases of 16.67% and 4.00% respectively, condos are still selling at a reasonable pace given the broader market conditions.

Single-family homes remain a strong seller's market while condos favor buyers
When determining whether a market is a buyers' market or a sellers' market, we look to the Months of Supply Inventory (MSI) metric. The state of California has historically averaged around three months of MSI, so any area with at or around three months of MSI is considered a balanced market. Any market that has lower than three months of MSI is considered a seller's market, whereas markets with more than three months of MSI are considered buyers' markets.
The single-family home market remains firmly in seller's market territory, with just 1.9 months of inventory in Alameda County and 2.3 months in Contra Costa County. These figures represent year-over-year declines of 26.92% and 25.81%, respectively, indicating that competition among buyers shows no signs of letting up. The condo market continues to favor buyers, with Alameda County ending May with 4.4 months of inventory and Contra Costa County with 4.2 months. However, it's worth noting that these figures have come down slightly from last month, suggesting that the condo market may be beginning to tighten as well.

Local Events
Brentwood, Oakley, Antioch & Discovery Bay

Surrounding Cities

This colorful salad is the perfect addition to any backyard BBQ, picnic, or weeknight dinner. It's fresh, healthy, and takes just 15 minutes to make!
Ingredients
4 ears fresh corn (grilled or boiled, kernels removed)
2 ripe avocados, diced
1 pint cherry tomatoes, halved
¼ cup red onion, finely diced
¼ cup chopped cilantro
Juice of 2 limes
2 tablespoons olive oil
Salt & pepper to taste
Optional: crumbled cotija or feta cheese
Directions
Cook the corn and allow it to cool.
Combine the corn, avocado, tomatoes, onion, and cilantro in a large bowl.
Whisk together the lime juice, olive oil, salt, and pepper.
Pour over the salad and gently toss.
Top with cotija or feta if desired and serve chilled.
Prep Time: 15 minutes
Serves: 6

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