Sunday, May 11, 2014

April 2014 LAMORINDA Real Estate Market Update

 

LAMORINDA single family home prices are up 7.5%
There were 64 single family detached homes that sold in Lamorinda in April 2014
13 (20%) of the homes sold BELOW their asking price
43(67%) of the homes sold ABOVE their asking price
8(13%) of the homes sold AT their asking price
The average dollar per square foot in April 2013 was $466
The average dollar per square foot in April 2014 was $504

Lafayette had 27 sales of single-family homes with an average of 14 days on market
Prices range from $849,000 to $3,475,000
The average list price was $ 1,335,590
The average sold price was $ 1,400,126 or $532 a square foot
The median house listed for $ 1,185,000
The median sold price was $ 1,275,000
5(19%) of the homes in Lafayette sold BELOW their list price
19(70%) homes sold ABOVE their list price
3(11%) homes sold AT their list price


Moraga had 14 single-family homes that sold in April
Average days on the market was 9
Prices range from $875,000-$3,500,000
The average list price was $ 1,410,492
The average sold price was $ 1,462,535 or $514 per square foot
The median list price was $ 1,195,000
The median sold price was $1,302,500
2 listings (14%) of the homes in Moraga sold BELOW their list price
12 (86%) of the homes sold ABOVE their list price

Orinda had 23 sales in April 2014 with an average days on the market of 21
Prices range from $649,000 - $3,750,000
The average list price was $ 1,296,384
The average sold price was $1,308,259 or $519 per square foot
The median list price was $ 1,222,000
The median sold price was $1,202,500
6  listings (27%) of the total homes sold BELOW their list price
12 properties (54%) sold ABOVE their list price

5  properties(19%) sold AT their list price