Lamorinda Market Update May 2014

May 2014 LAMORINDA Real Estate Market Update

 

LAMORINDA single family home prices are up 8.5%

There were 75 single family detached homes that sold in Lamorinda in May 2014

15 (20%) of the homes sold BELOW their asking price

54(72%) of the homes sold ABOVE their asking price

6(8%) of the homes sold AT their asking price

The average dollar per square foot in May 2013 was $487

The average dollar per square foot in May 2014 was $532

Lafayette had 32 sales of single-family homes with an average of 17 days on market

Prices range from $550,000 to $2,995,000

The average list price was $ 1,363,062

The average sold price was $ 1,429,311 or $514 a square foot

The median house listed for $ 1,207,000

The median sold price was $ 1,207,500

8(25%) of the homes in Lafayette sold BELOW their list price

22(69%) homes sold ABOVE their list price

2(6%) homes sold AT their list price

Moraga had 14 single-family homes that sold in May

Average days on the market was 20

Prices range from $829,000-$1,575,000

The average list price was $ 1,203,642

The average sold price was $ 1,289,013 or $525 per square foot

The median list price was $ 1,272,500

The median sold price was $1,377,500

0 listings (0%) of the homes in Moraga sold BELOW their list price

12 (86%) of the homes sold ABOVE their list price

2 (14%) of the homes sold at their list price

Orinda had 29 sales in May 2014 with an average days on the market of 15

Prices range from $695,000 - $2,325,000

The average list price was $ 1,389,041

The average sold price was $1,488,519 or $554 per square foot

The median list price was $ 1,199,000

The median sold price was $1,355,000

7  listings (24%) of the total homes sold BELOW their list price

20 properties (69%) sold ABOVE their list price

2  properties(7%) sold AT their list price

April 2014 LAMORINDA Real Estate Market Update

 

LAMORINDA single family home prices are up 7.5%

There were 64 single family detached homes that sold in Lamorinda in April 2014

13 (20%) of the homes sold BELOW their asking price

43(67%) of the homes sold ABOVE their asking price

8(13%) of the homes sold AT their asking price

The average dollar per square foot in April 2013 was $466

The average dollar per square foot in April 2014 was $504

Lafayette had 27 sales of single-family homes with an average of 14 days on market

Prices range from $849,000 to $3,475,000

The average list price was $ 1,335,590

The average sold price was $ 1,400,126 or $532 a square foot

The median house listed for $ 1,185,000

The median sold price was $ 1,275,000

5(19%) of the homes in Lafayette sold BELOW their list price

19(70%) homes sold ABOVE their list price

3(11%) homes sold AT their list price

Moraga had 14 single-family homes that sold in April

Average days on the market was 9

Prices range from $875,000-$3,500,000

The average list price was $ 1,410,492

The average sold price was $ 1,462,535 or $514 per square foot

The median list price was $ 1,195,000

The median sold price was $1,302,500

2 listings (14%) of the homes in Moraga sold BELOW their list price

12 (86%) of the homes sold ABOVE their list price

Orinda had 23 sales in April 2014 with an average days on the market of 21

Prices range from $649,000 - $3,750,000

The average list price was $ 1,296,384

The average sold price was $1,308,259 or $519 per square foot

The median list price was $ 1,222,000

The median sold price was $1,202,500

6  listings (27%) of the total homes sold BELOW their list price

12 properties (54%) sold ABOVE their list price

5  properties(19%) sold AT their list price

NOW THAT TAXES HAVE BEEN PAID, 

THIS IS A GREAT TIME TO SELL THE NEST!

The Lamorinda single family home sales continue to favor sellers.

The single family real estate market in Lamorinda update for April 1- April 15, 2014:

Total homes sold in Lamorinda between April 1 and April 15, 2014 were 26
Average dollar per square foot was $511.

LAFAYETTE
6 homes sold above their asking price

2 home sold below their asking price
average dollar per square foot was $507

MORAGA
6 homes sold above their asking price

1 home sold below their asking price
average dollar per square foot was $495.

ORINDA
8 homes sold above their asking price

2 home sold below their asking price
1 home sold at the asking price
average dollar per square foot was $523

MARCH real estate update for LAMORINDA

March 2014 LAMORINDA Real Estate Market Update

 

LAMORINDA single family home prices are up 5.9%

There were 55 single family detached homes that sold in Lamorinda in March 2014

13 (24%) of the homes sold BELOW their asking price

34(62%) of the homes sold ABOVE their asking price

8(14%) of the homes sold AT their asking price

The average dollar per square foot in March 2013 was $472

The average dollar per square foot in March 2014 was $502

Lafayette had 23 sales of single-family homes with an average of 18 days on market

Prices range from $600,000 to $2,490,000

The average list price was $ 1,182,796

The average sold price was $ 1,240,436 or $530 a square foot

The median house listed for $ 1,085,000

The median sold price was $ 1,165,000

2(9%) of the homes in Lafayette sold BELOW their list price

15(65%) homes sold ABOVE their list price

6(26%) homes sold AT their list price

Moraga had 15 single-family homes that sold in March

Average days on the market was 10

Prices range from $829,000-$2,095,000

The average list price was $ 1,216,000

The average sold price was $ 1,282,000 or $475 per square foot

The median list price was $ 1,150,000

The median sold price was $1,200,000

3 listings (20%) of the homes in Moraga sold BELOW their list price

12 (80%) of the homes sold ABOVE their list price

Orinda had 17 sales in March 2014 with an average days on the market of 31

Prices range from $819,000 - $1,599,000

The average list price was $ 1,173,411

The average sold price was $1,169,999 or $471 per square foot

The median list price was $ 1,100,000

The median sold price was $1,100,000

8  listings (47%) of the total homes sold BELOW their list price

7 properties (41%) sold ABOVE their list price

2  properties(12%) sold AT their list price

February LAMORINDA prices up 20% over last year same month.

February 2014 LAMORINDA Real Estate Market Update

 

LAMORINDA single family home prices are up 20.4%

There were 20 single family detached homes that sold in Lamorinda in February2014

8 (40%) of the homes sold BELOW their asking price

9(45%) of the homes sold ABOVE their asking price

3(15%) of the homes sold AT their asking price

The average dollar per square foot in Feb 2013 was $400

The average dollar per square foot in Feb 2014 was $520

 

Lafayette had 5 sales of single-family homes with an average of 87 days on market

Prices range from $885,000 to $1,749,000

The average list price was $ 1,304,799

The average sold price was $ 1,368,200 or $624 a square foot

The median house listed for $ 1,399,000

The median sold price was $ 1,300,000

2(40%) of the homes in Lafayette sold BELOW their list price

3(60%) homes sold ABOVE their list price

 

Moraga had 3 single-family homes that sold in February

Average days on the market was 35

Prices range from $987,000-$1,225,000

The average list price was $ 1,069,000

The average sold price was $ 1,090,000 or $420 per square foot

The median list price was $ 995,000

The median sold price was $985,000

2 listings (67%) of the homes in Moraga sold BELOW their list price

3 (75%) of the homes sold ABOVE their list price

 

Orinda had 12 sales in February 2014 with an average days on the market of 30

Prices range from $729,000 - $1,525,000

The average list price was $ 947,475

The average sold price was $966,500 or $503 per square foot

The median list price was $ 871,450

The median sold price was $ 900,000

3  listings (25%) of the total homes sold BELOW their list price

6 properties (50%) sold ABOVE their list price

3  properties(25%) sold AT their list price

 

 

 

 

 

 

 

 

 

LAMORINDA single family home prices are up 15.7%

There were 18 single family detached homes that sold in Lamorinda in January 2014.

8 (44 %) of the homes sold below their asking price.

8(44%) of the homes sold at their asking price.

2(12 %) of the homes sold above their asking price.

 

Lafayette had 9 sales of single-family homes the average days on market was 43.

Prices range from $749,000 to $3,150,000.

The average list price was $ 1,529,100

The average sold price was $ 1,484,611. That's $466 a square foot

The median house listed for $ 1,350,000.

The median sold price was $ 1,350,000.

5(56%) of the homes in Lafayette sold below their list price.

3(33 %) homes sold above their list price.

1(11 %)sold at list price.

 

Moraga had 4 single-family homes that sold in December.

Average days on the market was 37.

Prices range from $900,000-$1,275,000

The average list price was $ 1,027,500.

The average sold price was $ 1,086,250 or $486 per square foot.

The median list price was $ 967,000.

The median sold price was $1,057,000.

1 listings (25 %) of the homes in Moraga sold below their list price.

3 (75%) of the homes sold above their list price.

0 home(0 %) sold at list price.

 

Orinda had 5 sales in January 2014 with an average days on the market of 17.

Prices range from $889,000 - $2,180,000.

The average list price was $ 1,393,400

The average sold price was $1,415,200 or $494 per square foot.

The median list price was $1,449,000.

The median sold price was $ 1.410,000

2 listings (40 %) of the total homes sold below their list price.

2 properties (40%) sold above their list price.

1 (20%) property sold at its list price.