Orinda Real Estate Market Conditions & Reports, Orinda Market Trends, California

Market Commentary Provided by Julianne Chan
Limited supply for Orinda from same time last year. Schools are the primary reason for this area. Second reason is good commute access.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Julianne Chan
Alain Pinel Realtors
Danville, California
510-220-2405
juliannechan@aol.com
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Nearest Metro Area

San Francisco, CA

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

10-30 days

Market Trend

Increasing

Housing Inventory

Very tight market

Average Home Price

$1,287,475 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 10-15%

Prices As % of Asking Price

More than 100%

Multiple Offers?

Yes

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Orinda is

Seller Activity for the past 90 days in Orinda is

Is Financing Available For Qualified Buyers in Orinda?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Job Growth

Average Sold Price

$1,287,475 - View Graph Trend

National Real Estate Market

Local Summary: Demand for housing has resulted in a very tight market. There are currently more buyers than sellers, with sellers receiving multiple offers for more than asking price.

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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