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

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

 

 

 

 

 

 

 

 

 

LAMORINDA single family home prices are up 15.7%

There were 18 single family detached homes that sold in Lamorinda in January 2014.

8 (44 %) of the homes sold below their asking price.

8(44%) of the homes sold at their asking price.

2(12 %) of the homes sold above their asking price.

 

Lafayette had 9 sales of single-family homes the average days on market was 43.

Prices range from $749,000 to $3,150,000.

The average list price was $ 1,529,100

The average sold price was $ 1,484,611. That's $466 a square foot

The median house listed for $ 1,350,000.

The median sold price was $ 1,350,000.

5(56%) of the homes in Lafayette sold below their list price.

3(33 %) homes sold above their list price.

1(11 %)sold at list price.

 

Moraga had 4 single-family homes that sold in December.

Average days on the market was 37.

Prices range from $900,000-$1,275,000

The average list price was $ 1,027,500.

The average sold price was $ 1,086,250 or $486 per square foot.

The median list price was $ 967,000.

The median sold price was $1,057,000.

1 listings (25 %) of the homes in Moraga sold below their list price.

3 (75%) of the homes sold above their list price.

0 home(0 %) sold at list price.

 

Orinda had 5 sales in January 2014 with an average days on the market of 17.

Prices range from $889,000 - $2,180,000.

The average list price was $ 1,393,400

The average sold price was $1,415,200 or $494 per square foot.

The median list price was $1,449,000.

The median sold price was $ 1.410,000

2 listings (40 %) of the total homes sold below their list price.

2 properties (40%) sold above their list price.

1 (20%) property sold at its list price.

 



 

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.

IT ALL BEGAN IN MARCH 2013

 

As we have indicated in our post cards, and written about in our ads, our website (www.theKaufmans.com), blog (MargotandHal.blogspot.com) and Facebook, the real estate market in the areas we service [Lafayette, Moraga, Orinda] have all experienced substantial double digit increase in home values for the year.

Look back on our Facebook pages or follow our blog to see the figures by month. It all began in March 2013 when one of the homes we had just help renovate, received 22 offers in the first 7 days.

January up 2.27%

 it's TIME to get ready for spring.

 

February median price was up 5.92% from the same month a year previous.

We told you in February that we see the glass half full as the market began to show a slight increase in property values. It was a great time to get ready for spring 2013.

March median was up 15.82%

 

What's the scoop? Yep! The market was beginning to change as home prices began to rise once again.

 April median price was up 17%

In April we sent out a postcard stating we were experiencing a HOT MARKET.

 

Are you looking for a winning track record real estate team?

 

May median price was up 11%

We illustrated  how good the real estate market was doing. Every month we published the single family home sales in LAMORINDA.

 June median price was up 14%

July median price was up 5.4%

August median price was up 12.5%

September median price was up 14.5%

October median price was up  15.2%

 

CALL US NOW IF YOU ARE LOOKING TO SELL IN 2014.

WE WILL TURN YOU HOUSE INTO A HOME.

 

 

Last year in October 2012 the average price per square foot for a home in Lamorinda was selling for $441. Today in October 2013 that average is $520 per square foot. That's a 15.2 % increase in home values over last year.

 

There were 54 single family detached homes that sold and were recorded in Lamorinda in October 2013.

31(57 %) of the homes sold above their asking price.

16(30%) of the homes sold below their asking price.

7 (13 %) of the homes sold at their asking price.

 

Lafayette had 23 sales of single-family homes the average days on market was 50. There was a 2 % increase in list price vs. sold price

Prices range from $719,900 to $5,700,000.

The average list price was $ 1,306,821.

The average sold price was $ 1,308,156. That's $536 a square foot

The median house listed for $ 925,000.

The median sold price was $ 1,030,000.

10(44%) homes sold above their list price

12(52%) of the homes in Lafayette sold below their list price.

1(4%)sold at list price.

 

Moraga had 11 single-family homes that sold in October 2013.

Average days on the market was 21.

There was a 5.4% increase in list price vs. sold price

Prices range from $729,000-$1,420,000

The average list price was $ 1,083,181.

The average sold price was $ 1,143,909 or $498 per square foot.

The median list price was. $ 1,060,000

The median sold price was $ 1,200,000.

8 homes(73%) sold above their list price.

1 listings (9 %) of the homes in Moraga sold below their list price.

2 (18%) of the homes in Moraga sold at their list price.

 

Orinda had 20 sales in October 2103 with an average days on the market of 24. There was a 3.4% increase in list price vs. sold price

Prices range from $659,000 - $3,500,000.

The average list price was $ 1,269,500.

The average sold price was $1,264,100 or $498 per square foot.

The median list price was $972,500.

The median sold price was $1,103,500.

13 properties (65%) sold above their list price.

3 listings (15 %) of the total homes sold below their list price.

4 (20%)properties sold at their list price.