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Winter 2012 Market Update
Housing supply is about the same as this time last June. Housing prices have increased due to good reputation for schools, good commute access to freeways and to Bart.
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| Average Home Price | $1,125,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 5-10% |
| Average Time on Market | Less than 10 days |
| Prices As % of Asking Price | More than 100% |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Multiple Offers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Single-Family Homes |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | San Francisco, CA |
| Housing Hot Spots | Houses in the Acalanes school district |
| Average Sold Price | $1,125,000 - View Graph Trend |
Lafayette Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Julianne Chan
510-220-2405
Request More Information Let me answer your questions!
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Blog Archives
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
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Request More Information Let me answer your questions! Ask Me!
Julianne Chan
Alain Pinel Realtors
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 510-220-2405
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