Lamorinda Real Estate Market Update for July 2012

Lamorinda Market update brought to you by Margot & Hal Kaufman, Broker, Pacific Union International.

There were 68 single family detached homes that sold in Lamorinda in July, 2012. 30 (44%) of the homes sold below their asking price.
11 (16%) of the homes sold at their asking price.
27 (40%) of the homes sold above their asking price.

Lafayette had 29 sales of single-family homes the average days on market was 31.
Prices range from $441,759 to $2,700,000.
The average list price was $ 953,806.
The average sold price was $ 951,611. That's $413 a square foot
The median house listed for $ 799,000.
The median sold price was $ 826,000.
13 (45%) of the homes in Lafayette sold below their list price.
5 (17%)sold at list price.
11 (38%) homes sold above their list price

Moraga had 10 single-family homes that sold in July.
Average days on the market was 23.
Prices range from $838,888-$1,265,000.
The average list price was $1,060,788.
The average sold price was $991,425 or $390 per square foot.
The median list price was $ 939,500.
The median sold price was $ 927,684.
7  listings (70%) of the homes in Moraga sold below their list price.
1 (10%) of the homes sold at its list price.
2 homes(20%) sold above their list price.

Orinda had 29 sales with an average days on the market of 25.
Prices range from $520,000 - $1,806,000.
The average list price was $961,806.
The average sold price was $972,093 or $427 per square foot.
The median list price was $895,000.
The median sold price was $900,000.
10 listings (35%) of the total homes sold below their list price.
5 (17%)properties sold at their list price.
14 properties (48%) sold above their list price.

Reach us in Orinda at 925.260.4787/925.260.4799