There were 83 single family detached homes that sold in Lamorinda in June, 2012.
47 (57%) of the homes sold below their asking price.
11 (13%) of the homes sold at their asking price.
25 (30%) of the homes sold above their asking price.

Lafayette had 33 sales of single-family homes the average days on market was 40.

Prices range from $435,000 to $2,895,000.
The average list price was $ 1,135,507.
The average sold price was $ 1,119,665. That's $438 a square foot or less than 1.4 % drop in price.
The median house listed for $ 929,888.
The median sold price was $ 950,000.
20 (61%) of the homes in Lafayette sold below their list price.
5 (15%)sold at list price.
8 (24%) homes sold above their list price

Moraga had 20 single-family homes that sold in June.

Average days on the market was 15.
Prices range from $689,000-$1,550,000.
The average list price was $940,120.
The average sold price was $940,826 or $420 per square foot.
The median list price was $ 864,000.
The median sold price was $ 882,500.
9  listings (45%) of the homes in Moraga sold below their list price.
4 (20%) of the homes sold at their list price.
7 homes(35%) sold above their list price.

Orinda had 30 sales with an average days on the market of 19.

Prices range from $499,000 - $2,389,000.
The average list price was $1,239,733.
The average sold price was $1,221,725 or $419 per square foot.
The median list price was $1,292,000.
The median sold price was $1,208,265.
18 listings (60%) of the total homes sold below their list price.
2 (7%)properties sold at their list price.
10 properties (33%) sold above their list price.
 

925.260.4787/925.260.4799

LAMORINDA SLAES OF SINGLE FAMILY HOME FOR MID-JUNE 2012

Lafayette had 14 sales of single-family homes the average days on market was 30.

Prices range from $435,000 to $1,685,000.
The average list price was $ 982,135.
The average sold price was $ 959,172. That's $421 a square foot or less than 2.3 % drop in price.
The median house listed for $ 914,500.
The median sold price was $ 879,209.
9 (64% of the homes in Lafayette) sold below their list price.
1 sold at list price.
4 (29%) homes sold above their list price

Moraga had 5 single-family homes that sold in May.

Average days on the market was 9.
Prices range from $689,000-$1,200,000.
The average list price was $890,200
The average sold price was $896,300 or $428 per square foot.
The median list price was $ 899 ,000.
The median sold price was $ 900,000.
3  listings (60% of the homes in Moraga) sold below their list price.
0 homes sold at their list price.
2 homes(40%) sold above their list price.

Orinda had 15 sales with an average days on the market of 19.

Prices range from $499,000 - $2,389,000.
The average list price was $1,334,800.
The average sold price was $1,039,102 or $424 per square foot.
The median list price was $1,350,000.
The median sold price was $1,350,000.
9 listings (60% of the total homes sold) sold below their list price.
1 properties sold at their list price.
5 properties (33.3%) sold above their list price.

What's the scoop with LAMORINDA real estate?










Lamorinda Real Estate Market Update for May 2012

Posted on June 3, 2012 at 11:18 pm

 

From Margot & Hal Kaufman - PACIFIC UNION INTERNATIONAL
925.260.4787/925.260.4799

64 single family homes sold in LAMORINDA in May 2012.
35 (55%) of the homes sold below list price
11 (17%) of the homes sold at their listed price
17 (28%) of the homes sold above their listed price.

Lafayette had 32 sales of single-family homes the average days on market was 22.
Prices range from $509,900 to $3,690,000.
The average list price was $ 991,260.
The average sold price was $ 987,384. That's $463 a square foot or less than 1/2 of 1% drop in price.
The median house listed for $ 882,500.
The median sold price was $ 918,000.
18 (60% of the homes in Lafayette) sold below their list price.
5 sold at list price.
7 homes sold above their list price (2 homes were not included - on listed at
$1,795,000 and one at $3,690,000 did not report their sales price).
Moraga had 15 single-family homes that sold in May, 2012.
Average days on the market was 14.Prices range from $679,950-$1,750,000.
The average list price was $946,063.
The average sold price was $947,129 or $391 per square foot.
The median list price was $ 899 ,000.
The median sold price was $ 888,500.
7 listings (47% of the homes in Moraga) sold below their list
price.
3 homes sold at their list price.
5 homes sold above their list price.

Orinda had 19 sales with an average days on the market of 14.
Prices range from $460,000 - $1,775,000.T
The average list price was $1,088,789.
The average sold price was $1,084,731 or $444 per square foot.
The median list price was $1,115,000.
The median sold price was $1,100,000 less than a .01% drop in price.
10 listings (52% of the total homes sold) sold below their list price.
3 properties sold at their list price.
6 properties sold above their list price.

Mid Month May 2012 real estate sales for Lamorinda

Lafayette had 14 sales of single-family homes the average days on market was 27.

Prices range from $679,900 to $3,690,000
The average list price was $1,324,207
The average sold price was $1,188,428. That's $399 a square foot or a -10.3% drop in price.
The median house listed for $1,187,000.
The median sold price was $1,064,740.
7 (50% of the homes in Lafayette) sold below their asking price.
5 sold at or above asking price.
2 homes (one listed at $1,795,000 and one at $3,690,000) did not report their sales price.

Moraga had 8 single-family homes that sold in the first half of May.
Average days on the market was 14.
Prices range from $765,000-$1,021,750.
The average list price was $1,021,750.
The average sold price was $1,011,312 or $391 per square foot less than a 1% drop in price.
The median list price was $ 937 ,000.
The median sold price was $ 931,000. That's .06% drop in price.
5 listings sold below their asking price and 3 homes sold at or above the asking price.

Orinda had 11 sales with an average days on the market of 12.

Prices range from $495,000 - $1,650,000.
The average list price was $1,065,000.
The average sold price was $1,074,717 or $497 per square foot, a 0.09% increase in price.
The median list price was $1,115,000.
The median sold price was $1,100,000 less than a .01% drop in price.
5 listings sold below their asking price 6 properties sold at or above the asking price.

As we put closure to the month of April 2012 we take a look back at our real estate market update for Lafayette, Moraga and Orinda. The market is changing for the better as more inventory and more buyers enetr the market. We are experiencing the rebirth of the multiple offers on good homes.  

Lafayette had 29 sales of single-family homes the average days on market was 26.

Prices range from $529,900 to $2,795,000

The average list price was $1,060,995 – $401 per square foot.

The average sold price was $969,706. That's $378 a square foot or a 8.6% drop in price.

The median house listed for $997,000.

The median sold price was $920,000. That is a 7.7% drop in price.

An impressive16 (45% of the homes in Lafayette) sold at or over their asking price.

1 home went as high as 26% over asking.

Moraga had 12 single-family homes that sold in the month of April.

Average days on the market was 33.

Prices range from $670,000-$1,649,000.

The average list price was $1,048,079 or $389 per square foot.

The average sold price was $1,041,882 or $387 per square foot less than a 1% drop in price.

The median list price was $1,037,000.

The median sold price was $1,017,750. That's less than a 1% drop in price.

7 listings sold at or above the asking price.

42% of the homes in Moraga sold either at asking price or above asking price by as much as 15%.

Orinda had 13 sales with an average days on the market of 53.

Prices range from $450,000 - $2,650,000.

The average list price was $1,092,192 or $405 per square foot.

The average sold price was $1,077,230 or $401 per square foot a 1% drop in price.

The median list price was $995,0000.

The median sold price was $975,000 less than a 2% drop in price.

5 listings sold at or above the asking price anywhere from 1% to 3% above asking.

38% of the homes in Orinda sold either their asking price or above asking price.

How's the housing market in Lafayette, Moraga and Orinda?

The overall net is the market is improving! Buyers are out in full force. There is definitely pent up demand. We are seeing multiple offers again because the inventory is 50% less than last Spring. Financing has also loosened up a bit. All good bell weather indicators.  

Contact us for a price on your house. Of course, it's free with no obligation. 

"Our commitment to servicing our clients is unwavering, as is our dedication to real estate. Exceeding our client's expectations is our first and foremost goal."

Below is a great link to TrendGraphix charts and graphs depicting the invernort levels and sold single family homes in the LAMORINDA market for the past 5 years.

http://myreport.trendgraphix.com/ViewReport.aspx?Id=c7c7c0f1-4616-432f-a194-83f43f1f37e5