Quarterly Real Estate Reports for Antioch, Brentwood, Oakley, Discovery Bay, Pittsburg, and Bay Point, California Updated January 20th, 2020 Market Statistics Report for the 4th Quarter of 2019 2019 ends with home prices up, down and flat. Inventory of homes on the market historically low. Mortgage interest rates continue low! What does all that mean […]
Articles about the Median Sales Price of Real Estate
What’s the Difference Between Average Sales Price, and Median Sales Price?
In real estate, half of the homes in an area sell above the median price, and half of the homes sell below the median price. So, the middle price.
The average—or “mean”—adds up all the sales prices of the homes sold, and divides by the number of houses sold.
What $500,000 Will Buy You In Brentwood, CA vs. San Jose, CA
OK, we all know that buying a home in California comes at a price. And that price is steep compared to most of the country. But, there are still affordable communities in and around the Bay Area. So we thought it would be a good idea to do a comparison between what kind of home […]
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 […]
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 […]