Walnut Creek home sales have exceeded new inventory for several weeks, putting an upward pressure on pricing.
The sold prices demonstrate the strongest market activity remains in the $690,000 - $775,000 price ranges.
Detached Homes:
There are 129 Active listings of detached homes for sale in Walnut Creek, of which 15 are short sales and 12 are bank-owned.
The highest list price is $2,950,000
The average list price is $903,416 with the median list price at $749,900 (this is the mid-point of the market at which half of the listings are higher than this and half are lower)
The lowest list price is $399,950
There are currently 108 Pending transactions, of which 41 are short sales and 7 are bank-owned.
There were 36 closed transactions in March, 2010, of which 2 were short sales and 4 were bank owned.
The highest sold price was $1,595,000
The average sold price was $736,629 with the median sold price at $690,000
The lowest sold price was $410,000
Condos and Townhomes:
There are currently 112 Active listings of condos and townhomes for sale, of which 39 are short sales and 14 are bank-owned.
The highest list price is $1,150,000
The average list price is $341,157 with the median list price at $314,000
The lowest list price is $95,000
There are currently 93 Pending transactions, of which 48 are short sales and 9 are bank-owned.
There were 29 closed transactions in March, 2010, of which 8 were short sales and 8 were bank-owned.
The highest sold price was $652,000
The average sold price was $306,508 with the median sold price at $240,000
The lowest sold price was $117,000
Wendy Cutrufelli
Broker Associate
925.917.1135
The positions on this site are my own and don't necessarily represent Alain Pinel Realtors' positions, strategies or opinions.
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