Archives for February 2011

Median Contra Costa Home Prices Fall 27%

Recently released figures show the median price of Contra Costa single family homes fell from $550,000 in May, 2010 to under $400,000 in January, 2011.   Indications are that median prices are beginning to rise and Realtors report increasing open house traffic. This is an excellent time for value shoppers to take advantage of deeply discounted prices.

 

Latest Alameda County School Scores

We have the last Alameda County Academic Performance Index school scores for Alameda County including: Oakland, Berkeley and Hayward. Click below to download a PDF:

2010 Alameda School Scores

Latest Contra Costa School Scores

We have the latest Contra Costa County Academic Peformance Index report for schools in Contra Costa County including: Orinda, Moraga, Lafayette, Walnut Creek, Pleasant Hill, Concord, Martinez, Alamo, Danville and San Ramon. Click below for a PDF download:

2010 Contra Costa School Scores

Optimism For Walnut Creek Home Sellers

The number of newly listed single family homes for sale in Walnut Creek remained at low year-end levels. It appears that home sellers are taking a cautious approach to selling in the new year. They may be wise to reconsider, however. The inventory of single family home for sale has been declining since it hit a high in May, 2010 but sales have not declined to the same degree. It appears an opportune time to jump into the market. Price per square foot which has trended down for much of 2010 moved up this month giving seller’s reason for optimism.


January 2011 Lafayette Sold Home Prices Jump

The Lafayette California median selling price for single family homes jumped to its highest level in more than a year. This rise came in an environment of declining sales and an ample although slightly smaller inventory than usual for this time of year. Home sellers appear cautious as the number of new home listings is less than half the number last year at this time. Price per square foot of sold homes is also weak at less than $400/sf and near the bottom for the year.

Moraga Homes For Sale Drop To Low Level

The number of single family homes for sale in Moraga dropped to the lowest number in more than a year. Local Realtor Rick Booth said: “If you are thinking about selling call me right now so we can get you on the market quickly to take advantage of the reduced competition.” Median sold prices rose slightly as buyers bought more expensive homes and the cost per square foot also rose slighitly for the same reason.