| Market Commentary Provided by Julianne Chan |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Julianne Chan
Alain Pinel Realtors Danville, California 510-220-2405 juliannechan@aol.com Agent Home Page |
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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 | Good supply - Some Prices | ||||
| Average Home Price | $654,500 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Pleasant Hill is | |||||
| Seller Activity for the past 90 days in Pleasant Hill is | |||||
| Is Financing Available For Qualified Buyers in Pleasant Hill? | |||||
| 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 | $654,500 - View Graph Trend | ||||
| National Real Estate Market | |||||
| 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. 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. Click here for full article... |
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