How trendy is the housing market in 2023?

If you’re thinking about buying a home in Walnut Creek, the East Bay, or anywhere in California, you’re probably wondering: What are the biggest housing trends of 2023? Whether you're a first-time buyer or looking to upgrade, it’s crucial to understand what’s shaping the real estate market right now.

Hi, I’m Brendan Moran with Five Star Real Estate, and here’s what you need to know.

The Rise of the Suburbs

In 2023, one of the most noticeable shifts is a continued movement away from city centers and toward the suburbs and rural areas. With remote and hybrid work becoming the norm, more people are looking for homes that offer space, privacy, and high-speed internet. This is especially true here in Walnut Creek, where buyers want the charm of a suburban neighborhood with easy access to everything the Bay Area has to offer.

Smart Homes and Sustainability

Another major trend in California real estate is the growing demand for eco-friendly and tech-savvy homes. Buyers in the East Bay are prioritizing features like:

  • Solar panels

  • Energy-efficient appliances

  • Smart home systems that can control lighting, security, and climate from a smartphone or smart speaker.

Voice-controlled lights and smart thermostats aren't just cool—they're expected.

Move-In Ready Is In

If you’ve got a fixer-upper, you may want to rethink your strategy. Today’s buyers don’t have the time or appetite for a lengthy renovation. The trend in 2023 is toward move-in ready homes with modern upgrades. Buyers are looking for homes that are already dialed in—updated kitchens, new flooring, and stylish bathrooms are huge selling points.

Real Estate Prices Are Still Rising

While the market varies by region, overall home prices in California are expected to continue rising in 2023. Walnut Creek and the surrounding East Bay communities remain competitive due to strong demand and limited inventory. This makes it a smart time to act, whether you're buying or selling.

Thinking of Making a Move?

If you’re considering buying a home in Walnut Creek or elsewhere in the East Bay, now is a great time to talk to a local expert. My team and I are here to walk you through every step of the process—from touring homes to writing a winning offer.

Let’s connect.

Thanks for reading—and watching!
I’m Brendan Moran with Five Star Real Estate.

Want More Tips Like This?

Check out the Ask Brendan blog for more Walnut Creek real estate FAQs, market updates, and expert advice on buying and selling homes in California.

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