Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no longer enough to stick a “for sale” sign […]
Articles about Home Sales Prices in California and the East Bay
Home sales prices are an important indicator for homebuyers, home sellers, and homeowners.
We try and keep you apprised of the changes both for the state and locally.
Now we have a monthly report on home sales, average home sales prices, and median sales prices for Antioch, Brentwood, Discovery Bay, and Oakley.
Is the Housing Market Cooling? It Could Be Good News for Buyers!
The housing market in California has been red hot since last July (2020) with home sales for the first half of 2021 surging above last year by 34 percent. Home prices, meanwhile, continue to climb with the statewide median price-setting record a high of $811,170. However, statewide median price dipped from the record high in […]
Real Estate Market Update for 2016
In this article, we’re going to review what happened in our real estate market in 2016 for East Contra Costa County California, including Antioch, Brentwood, Oakley, Discovery Bay, Pittsburg, and Bay Point. This will include sharing some statistics but more importantly sharing our take on things as people very close to events on a daily […]
Are Home Prices Back to Where They Were in 2005?
We’re Getting Closer! It’s time to ask the question again: Are we there yet? The last time we asked that question was in our October newsletter. The question meant “are home prices back to where they were during the highs in 2005?” You can see the answer in the below table. Prices are still climbing […]
California Home Buyers Offer More for a Staged Home
Here’s some documented evidence showing what home buyers are willing to offer on a home that is professionally staged. Up to 32% of buyers would offer 1% to 5% more for a home that is staged. On a $500,000 home, that could mean up to $25,000 more for the seller. Not only that, but up […]
Are We There Yet? A Report on Home Prices in East Contra Costa County
Are we there yet? We’re hearing that question more and more lately. It’s not the kids on the trip to Disneyland either. It’s people wondering if their home values are back to what they were before the bubble burst. They’ve been hearing on the news that a great many markets are seeing accelerating price appreciation […]
