Where to Look to Buy for the Price You Want to Pay
The area market for houses under $1,000,000 is utterly dominated by 3 cities, while the condo market is dominated by Walnut Creek, most specifically its gated, active-senior, Rossmoor community. Moving into higher price ranges brings other cities into the picture, and in the luxury home market, $1.75 million and above, the cities of Alamo, Lafayette and Orinda become the sales leaders.
Market Summary
January and February constitute the slowest sales months of the year and are subject to significant seasonal issues – » Read more about: What Costs How Much Where in Diablo Valley & Lamorinda & Other Angles on Its Current Real Estate Market »
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We have updated our median home price maps for the entire Bay Area by city, for San Francisco by neighborhood, and then specifically for the Marin, Lamorinda & Diablo Valley, and Wine Country markets. To access them, click on the map image below.
This chart below is specific to the Lamorinda & Diablo Valley market, illustrating median house price movements since 1996. All parts of the Bay Area saw similar trends, though the percentages up and down varied between markets.
» Read more about: Lamorinda-Diablo Valley & Bay Area Real Estate Markets »
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A look at recent market values, trends and dynamics in Diablo Valley “Lamorinda” in Central Contra Costa County, and along the Hwy 580 Corridor of southern Alameda County.
Median Home Price Map, 1/1/16 – 9/30/16 MLS Sales
Move cursor over map to reveal median home prices.
Median price is that price at which half the sales
occurred for more and half for less.
Median Home Price Trends
In 2014, » Read more about: Central Contra Costa Residential Real Estate Market Report »
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Median Home Price Change by City 2011 to 2015 to 2016 YTD
These charts below look at median sales price appreciation 2011 to 2015, a period of very fast home-price increases, and then more recent changes, 2015 through the first half of 2016.
One of the trends that has been showing up recently in Bay Area real estate markets is that homes in the more affordable price ranges have continued to see median sales price increases (sometimes substantial increases), » Read more about: 2016 1st Half Review – July 2016 Update »
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Luxury Home Market Trends Comparing Q3 Sales Data, 2013 to 2016
As illustrated above, the market for homes selling for $2 million and above has cooled somewhat over the past year, with the number of active listings climbing, the number of sales dropping, and a growing quantity of listings expiring without selling. This is a general trend in markets around the Bay Area: No dramatic crash, but a softening of demand amid an increase in luxury home listings. » Read more about: The Luxury Home Market, Sales & Prices by City, and 6 Market-Heat Metrics »
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Bay Area Median House Sales Prices by County For 3rd Quarter 2016
In Q3, the median house sales price in Lamorinda & Diablo Valley jumped a bit ahead of Marin County. In fact, the demographics and real estate markets of the two areas are quite similar. Note: for 2016 YTD through 11/30/16, the median sales price for Lamorinda and Diablo Valley was $1,100,000 – a reminder of how median prices can fluctuate during the calendar year, » Read more about: Lamorinda & Diablo Valley Real Estate Report »
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