Winter 2012 Market Update


Average Home Price $654,500 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 10-30 days
Prices As % of Asking Price 95-100%
Market Trend Increasing
Buyers’ or Sellers’ Market More buyers than sellers
Multiple Offers?No
Housing Inventory Good supply - Some Prices
Greatest Activity First Time Buyers
Reason to Buy/Sell Job Growth
Nearest Metro AreaSan Francisco, CA
Average Sold Price $654,500 - View Graph Trend

Pleasant Hill Local News

Local Summary: There are currently more buyers than sellers, with sellers receiving multiple for more than asking price. The market is being fueled primarily due to activity from first time buyers.

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.

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Julianne Chan
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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%

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Julianne Chan
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Alain Pinel Realtors
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