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Winter 2012 Market Update
Limited supply for Orinda from same time last year. Schools are the primary reason for this area. Second reason is good commute access.
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| Average Home Price | $1,287,475 - View Graph Trend |
| Average Price Compared to Last Year | Up 10-15% |
| Average Time on Market | 10-30 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 | Very tight market |
| Greatest Activity | Single-Family Homes |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | San Francisco, CA |
| Average Sold Price | $1,287,475 - View Graph Trend |
Orinda Local News
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.
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...
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...
Contact Information
Julianne Chan
510-220-2405
Request More Information Let me answer your questions!
Ask Me!
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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