How many homes sold in Contra Costa County? What was the average sales price by City in Contra Costa?

Good news for February in Contra Costa County! The average sales price is up .5% and the number of pending sales in Contra Costa County is also up 40.8% over January 2008.

 

When comparing February ‘07 sales prices to February ’08, the average sales price is down 13.2%. Therefore my message is still the same, if you don’t have sell DON’T and if you are thinking about buying BUY!

 

The increase in pending sales in Contra Costa County is consistent with the rest of the country. Sales of existing homes rose by 2.9%. This marks the first increase since July ’07. See the following Yahoo! News article for more details: http://news.yahoo.com/s/ap/20080324/ap_on_bi_ge/economy

 

The prices are unbelievably low in several cities and neighborhoods in the Bay Area. This past weekend, I wrote an offer for a condo in Livermore that was listed under $200K. My client’s offer was one of four and the condo had only been on the market for 2 days. So, for the really hot deals be prepared to go over the asking price in order to get the home. Also, there are many micro-markets/neighborhoods in the Bay Area that have not been affected by the down turn. If you are interested in one in particular, call me and I will let you know what the market value and activity is for that specific area.

 

Here are the statistics for February in all of Contra Costa County. It includes how many homes sold and the average sales price by city. Enjoy!

 

February Sales
(Single-family Homes)
	Price	Sold	Pending	Inventory
County	$778,361	160	269	1,509
Alamo	$1,875,738	6	10	72
Blackhawk	$1,295,000	3	2	56
Clayton	$624,250	8	7	45
Concord	$430,601	47	70	435
Danville	$944,725	20	30	146
Lafayette	$1,157,000	4	20	71
Martinez	$544,263	13	21	162
Moraga	$1,035,000	1	10	17
Orinda	$1,355,258	9	11	36
Pleasant Hill	$684,917	6	10	103
San Ramon	$801,919	26	55	210
Walnut Creek	$904,500	17	23	146
Change from last year
	Average	Sold	Pending	Inventory
County	-13.20%	-43.90%	-10.30%	28.30%
Alamo	10.70%	-33.30%	-33.30%	38.50%
Blackhawk	-5.20%	-57.10%	-33.30%	14.30%
Clayton	-5.80%	-20.00%	16.70%	-2.20%
Concord	-28.00%	-21.70%	37.30%	29.90%
Danville	-18.90%	-51.20%	-3.20%	25.90%
Lafayette	2.90%	-80.00%	-23.10%	47.90%
Martinez	-2.80%	-56.70%	-22.20%	21.80%
Moraga	-4.00%	-80.00%	100.00%	41.70%
Orinda	6.50%	-25.00%	0.00%	-12.20%
Pleasant Hill	5.30%	-66.70%	-44.40%	24.10%
San Ramon	-14.10%	-46.90%	-24.70%	36.40%
Walnut Creek	-6.10%	-29.20%	-32.40%	46.00%

 

 

 

______________________________________________________

Alyssa Duggan

Real Estate Broker

 

Realty World & Cambridge Residential Funding

The Duggan Team

Convenience. Experience. Results.

 

4000 Executive Parkway, STE 290

San Ramon, CA 94583

650.678.5050 cell

925.277.3500 office

925.406.0925 e-fax

www.DugganTeam.com