The real estate
market in Lamorinda again continues to be very HOT! with increased sales in May. 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. Prices for May are up
11% over same month last year.
There were 67(*) single family detached homes that sold and were recorded in Lamorinda in May 2013.
47(70 %) of the homes sold above their asking price.
16(24%) of the homes sold below their asking price.
4 (6 %) of the homes sold at their asking price.
* 1 home on South Peardale in
Prices range from $520,000 to $2,250,000.
The average list price was $ 1,195,000.
The average sold price was $ 1,245,000. That's $493 a square foot
The median house listed for $ 1,148,000.
The median sold price was $ 1,175,000.
18(72%) homes sold above their list price
6(24%) of the homes in
1(4%)sold at list price.
Average days on the market was 23.
Prices range from $925,000-$1,650,000
The average list price was $ 1,188,000.
The average sold price was $ 1,209,000 or $423 per square foot.
The median list price was. $ 1,150,500
The median sold price was $ 1,150,000.
6 homes(55%) sold above their list price.
4 listings (36 %) of the homes in
1 (9%) of the homes sold at its list price.
Prices range from $569,000 - $3,000,000.
The average list price was $ 1,159,000.
The average sold price was $1,204,000 or $511 per square foot.
The median list price was $965,000.
The median sold price was $ 1,020,000.
23 properties (74%) sold above their list price.
6 listings (19 %) of the total homes sold below their list price.
2 (7%)properties sold at their list price.
