Sunday, January 12, 2014

LAMORINDA residential real estate values drop in December


There were 37 single family detached homes that sold in Lamorinda in December  2013.
24 (65 %) of the homes sold below their asking price.
3(8%) of the homes sold at their asking price.
10(27 %) of the homes sold above their asking price.

Lafayette had 12 sales of single-family homes the average days on market was 54. 
Prices range from $750,000 to $1,795,000.
The average list price was $ 1,300,333
The average sold price was $ 1,308,454. That's $526 a square foot 
The median house listed for $ 1,297,000. 
The median sold price was $ 1,300,500.
9(75%) of the homes in Lafayette sold below their list price. 
1(8 %)sold at list price.
2(17 %) homes sold above their list price

Moraga had 6 single-family homes that sold in December.
Average days on the market was 40.
Prices range from $875,000-$1,695,000
The average list price was $ 1,135,555.
The average sold price was $ 1,102,333 or $444 per square foot.
The median list price was $ 1,034,000. 
The median sold price was $ 997,000.
4 listings (66 %) of the homes in Moraga sold below their list price.
1 (17%) of the homes sold at its list price. 
1 home(17 %) sold above their list price.

Orinda had 19 sales in December 2103 with an average days on the market of 67.
Prices range from $500,000 - $3,350,000.
The average list price was $ 1,247,047
The average sold price was $1,246,481 or $499 per square foot.
The median list price was $1,075,000.
The median sold price was $ 950,000
11 listings (58 %) of the total homes sold below their list price.
1 (5%)properties sold at their list price.
7 properties (37%) sold above their list price.