The real estate market in Lamorinda continues to be strong with increased sales in March. There is still a great demand for good homes. Market Value priced homes are selling in multiple offers once again as buyer compete for the limited inventory.

 

There were 57 single family detached homes that sold in Lamorinda in March 2013.

23(40.5%) of the homes sold above their asking price.

27(47.5 %) of the homes sold below their asking price.

7 (12 %) of the homes sold at their asking price.

 

Lafayette had 27 sales of single-family homes the average days on market was 35.

Prices range from $549,000 to $3,200,000.

The average list price was $ 1,370,000.

The average sold price was $ 1,372,000. That's $481 a square foot

The median house listed for $ 1,295,000.

The median sold price was $ 1,335,000.

9(33.3%) homes sold above their list price

15(55.7%) of the homes in Lafayette sold below their list price.

3(11%)sold at list price.

 

Moraga had 18 single-family homes that sold in March.

Average days on the market was 23.

Prices range from $400,000-$1,625,000

The average list price was $ 975,000.

The average sold price was $ 982,722 or $416 per square foot.

The median list price was $ 992,500.

The median sold price was $ 975,500.

9 homes(50%) sold above their list price.

9 listings (50 %) of the homes in Moraga sold below their list price.

0 (0%) of the homes sold at its list price.

 

Orinda had 12 sales in March 2103 with an average days on the market of 28.

Prices range from $749,000 - $1,875,000.

The average list price was $ 1,188,666.

The average sold price was $1,220,200 or $479 per square foot.

The median list price was $1,188,666.

The median sold price was $ 1,220,208.

5 properties (42%) sold above their list price.

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

4 (33%)properties sold at their list price.