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