The Real Esate Market in LAMORINDA for May 1-15/2013

from Margot & Hal Kaufman
Pacific Union Internationall Real Estate Orinda
925.260.4787 / 925.260.4799
DRE#01224989/01224988

18 single family homes sold in LAMORINDA since May 1, 2013.

14 of the 18 homes sold over their asking price and were on the market an average of 10 days.The average list price wa $1,119,192. The average sold price was $1,203,214. That's almost a 7% increase over asking.

The 4 homes that sold below their asking price were on the markett for an average of 49 days. The average list price was $1,394,500 and the average sale price was $1,308,750 or a -6.5% drop in price.

9 properties sold in Orinda
77 Sleepy Hollow Lane ORINDA
4 bedrooms/3 baths 2,601 square feet on .50 acres
List $965,000 / Sold $1,250,000 23% increase over the asking price in 9 days


6 properties sold in Lafayette
3225 Glenside Drive, LAFAYETTE
5 bedrooms/4 1/2 baths 4,42, square feet on .51 acres
Listed $2,095,000 Sold $2,405,000 in 12 days 12.8% increase over the asking price

Last Year the price per square foot in Lamorinda for April was $391 today it's $472

That's a 17% increase in your homes value

 

The real estate market in Lamorinda continues to HOT! with increased sales in April. There is even more of 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 64 single family detached homes that sold in Lamorinda in April 2013.

38(59 %) of the homes sold above their asking price.

21(38%) of the homes sold below their asking price.

5 (8 %) of the homes sold at their asking price.

 

Lafayette had 26 sales of single-family homes the average days on market was 17.

Prices range from $420,000 to $1,925,000.

The average list price was $ 1,078,000.

The average sold price was $ 1,137,000. That's $468 a square foot

The median house listed for $ 997,000.

The median sold price was $ 1,055,000.

15(58%) homes sold above their list price

8(31%) of the homes in Lafayette sold below their list price.

3(11%)sold at list price.

 

Moraga had 16 single-family homes that sold in April.

Average days on the market was 26.

Prices range from $390,000-$1,650,000

The average list price was $ 995,000.

The average sold price was $ 1,052,400 or $471 per square foot.

The median list price was. $ 995,500

The median sold price was $ 1,052,000.

11 homes(69%) sold above their list price.

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

1 (6%) of the homes sold at its list price.

 

Orinda had 22 sales in April 2103 with an average days on the market of 19.

Prices range from $341,000 - $2,395,000.

The average list price was $ 1,337,000.

The average sold price was $1,207,000 or $478 per square foot.

The median list price was $1,215,000.

The median sold price was $ 1,205,000.

12 properties (55%) sold above their list price.

9 listings (41 %) of the total homes sold below their list price.

1 (4%)properties sold at their list price.