Tuesday, April 15, 2014

NOW THAT TAXES HAVE BEEN PAID, 

THIS IS A GREAT TIME TO SELL THE NEST!

The Lamorinda single family home sales continue to favor sellers.

The single family real estate market in Lamorinda update for April 1- April 15, 2014:

Total homes sold in Lamorinda between April 1 and April 15, 2014 were 26
Average dollar per square foot was $511.

LAFAYETTE
6 homes sold above their asking price

2 home sold below their asking price
average dollar per square foot was $507

MORAGA
6 homes sold above their asking price

1 home sold below their asking price
average dollar per square foot was $495.

ORINDA
8 homes sold above their asking price

2 home sold below their asking price
1 home sold at the asking price
average dollar per square foot was $523

Friday, April 4, 2014

MARCH real estate update for LAMORINDA

March 2014 LAMORINDA Real Estate Market Update

 

LAMORINDA single family home prices are up 5.9%
There were 55 single family detached homes that sold in Lamorinda in March 2014
13 (24%) of the homes sold BELOW their asking price
34(62%) of the homes sold ABOVE their asking price
8(14%) of the homes sold AT their asking price
The average dollar per square foot in March 2013 was $472
The average dollar per square foot in March 2014 was $502

Lafayette had 23 sales of single-family homes with an average of 18 days on market
Prices range from $600,000 to $2,490,000
The average list price was $ 1,182,796
The average sold price was $ 1,240,436 or $530 a square foot
The median house listed for $ 1,085,000
The median sold price was $ 1,165,000
2(9%) of the homes in Lafayette sold BELOW their list price
15(65%) homes sold ABOVE their list price
6(26%) homes sold AT their list price


Moraga had 15 single-family homes that sold in March
Average days on the market was 10
Prices range from $829,000-$2,095,000
The average list price was $ 1,216,000
The average sold price was $ 1,282,000 or $475 per square foot
The median list price was $ 1,150,000
The median sold price was $1,200,000
3 listings (20%) of the homes in Moraga sold BELOW their list price
12 (80%) of the homes sold ABOVE their list price

Orinda had 17 sales in March 2014 with an average days on the market of 31
Prices range from $819,000 - $1,599,000
The average list price was $ 1,173,411
The average sold price was $1,169,999 or $471 per square foot
The median list price was $ 1,100,000
The median sold price was $1,100,000
8  listings (47%) of the total homes sold BELOW their list price
7 properties (41%) sold ABOVE their list price

2  properties(12%) sold AT their list price