Are Bidding Wars Still Happening in the East Bay Housing Market?
If you’re buying or selling a home in the East Bay, you’ve probably asked:
“Are bidding wars still happening?”
A few years ago, bidding wars felt unavoidable. Homes were selling in days, often far above asking price. Today, the picture is more nuanced — especially in Contra Costa County.
The short answer is:
Yes, bidding wars still happen — but not everywhere, and not for every home.
This article breaks down:
- Where bidding wars are still common
- What types of homes attract multiple offers
- What this means for buyers
- What sellers need to know in 2026
Why Bidding Wars Haven’t Completely Disappeared
Bidding wars don’t happen because of hype — they happen because of supply and demand.
In many parts of Contra Costa County:
- Inventory is still limited
- Desirable neighborhoods remain in high demand
- Buyers compete when value is clear
When multiple buyers want the same home, competition follows — regardless of headlines.
Where Bidding Wars Are Still Happening
Bidding wars are most common in homes that check these boxes:
- Located in strong school districts
- Priced correctly (or slightly under market value)
- Move-in ready
- Well-marketed with professional photos and staging
In cities like Danville, Walnut Creek, San Ramon, and parts of Pleasant Hill, well-prepared homes can still attract multiple offers.
Where Bidding Wars Are Less Common
Bidding wars are far less likely when homes are:
- Overpriced
- Dated or poorly maintained
- In less competitive neighborhoods
- Priced based on last year’s market instead of today’s
In areas like Concord, Antioch, Pittsburg, or Martinez, competition depends heavily on price, condition, and location within the city.
What This Means for Buyers in the East Bay
Buyers today have more leverage than during peak frenzy years, but they still need to be prepared.
Smart Buyer Strategies
- Get fully pre-approved, not just pre-qualified
- Understand neighborhood-level pricing
- Be decisive when a home checks all your boxes
- Avoid emotional overbidding
Many buyers are surprised to learn that:
- Not every home has multiple offers
- Some sellers are open to negotiation
- Timing and preparation matter more than aggressiveness
What This Means for Sellers
Sellers should not assume bidding wars will happen automatically.
Homes that generate competition usually:
- Are priced strategically
- Are well-presented
- Are marketed aggressively from day one
Homes that miss these steps often sit — even in strong markets.
The Role of Pricing in Bidding Wars
One of the most common mistakes sellers make is pricing too high “to leave room.”
In reality:
- Strategic pricing creates urgency
- Overpricing kills momentum
- Early interest is critical
Bidding wars are usually created intentionally, not accidentally.
Are Bidding Wars a Good Thing?
Not always.
While competition can drive price, it can also:
- Push buyers beyond comfort levels
- Increase appraisal risk
- Create emotional decisions
A controlled, well-managed multiple-offer situation is far better than chaos.
Common Myths About Bidding Wars
- “Every home still sells over asking” — false
- “You must waive all contingencies” — not always
- “Buyers have no power” — outdated
The East Bay market is more balanced and strategic today.
FAQs
Do bidding wars still happen in Contra Costa County?
Yes, but only for well-priced, well-prepared homes.
Should buyers expect competition on every home?
No. Many homes sell with one or two offers — or none.
Can sellers still get over asking price?
Yes, when pricing and demand align.
Next Steps
Whether you’re buying or selling, understanding where competition actually exists is critical to making smart decisions.
The Mashore Group
Krista Mashore & Jaynlin Slone
44 Sycamore Ave, Brentwood, CA 94513
925-325-4663
TheMashoreGroup.com