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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Rossmoor - Walnut Creek. Low interest rates in a stabilizing market makes a home purchase a great value! Call now for more information at 925-787-6357 or visit my website www.LoriYoung.com
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| Average Home Price | $400,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 5-10% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $400,000 - $449,000 |
| Worst Selling Price Range | $550,000 - $599,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Rossmoor - Walnut Creek is | Increasing |
| Seller Activity for the past 90 days in Rossmoor - Walnut Creek is? | Increasing |
| Multiple Offers? | No |
| Multiple Offers Commentary | Because Rossmoor - Walnut Creek is comprised of various micro markets ranging from $100,000 - $1,300,000 each market is unique within itself. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Rossmoor, the Premier 55+ Active Retirement Community has homes from $100,000 - $1,400,000 with various micro markets. The average priced home in 2009 was $279,000 and the high $1,250,000. Our lower priced market time is significantly longer then our higher priced homes simply because of the large supply of surrounding communities feeding into Rossmoor which have significantly higher priced homes. The trend is quickly moving to less market supply and shorter time on the market. The next step will be increase in values. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Rossmoor is retirement living at its best .... homes are situated in luxury garden-style and mid-rise condominiums, villas, town homes and co-ops to single-family detached estates with state-of-the-art architecture and a wide selection of quality homes. Rossmoor offers an ideal environment for active adult living... nationally recognized, award winning active adult community located on 2,200 acres in a picturesque valley in Walnut Creek where there is an a abundance of shopping, restaurants, theatres and cultural activities The excellent recreational facilities include 27 holes of NCGA-rated golf, four resort-style swimming facilities, health fitness center, movie theatre, eight outdoor tennis courts, three lawn bowling greens, miles of hiking trails and so much more all to complement whatever lifestyle you want to have, connecting you to all there is. |
| Nearest Metro Area | San Francisco |
| Housing Hot Spots | Most cities within the Contra Costa County area are considered ’Housing Hotspots’ NOW is the time to buy; home prices haven’t been this low in decades. |
| Average Sold Price | $400,000 - View Graph Trend |
Rossmoor - Walnut Creek Local News
News for Rossmoor - Walnut Creek, CA - December 13th, 2010 8:20pm
Wonderful Homes That Are Really Great Values Available. Rossmoor is a Resort Style Retirement Community in the Heart of the San Francisco Bay Area. Please Contacct me to Take a Closer Look and Obtain Detailed Information. I'd Love to Help!
Contact Information
Lori Young
925-787-6357
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
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30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Lori Young
Rossmoor Realty
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 925-787-6357
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