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Single Family Home Sales in Lamorinda, August 2012

Home inventory in LAMORINDA is still down as buyers are now ready to buy. Interest rates are still very low. More than 1/3 of the homes sold in August sold above their asking price!

 

There were 61 single family detached homes that sold in Lamorinda in August, 2012.
28 (48%) of the homes sold below their asking price.
8 (14%) of the homes sold at their asking price.
22 (38%) of the homes sold above their asking price.
3 homes did not record their selling price 

Lafayette had 21 sales of single-family homes the
average days on market was 36.
Prices range from $499,900 to $2,395,000.
The average list price was $ 1,102,419
The average sold price was $ 1,087,476. That's $441 a square foot
The median house listed for $ 995,000.
The median sold price was $ 1,070,000.
10 (48%) of the homes in Lafayette sold below their list price.
1 (4%)sold at list price.
10 (48%) homes sold above their list price

Moraga had 14 single-family homes that sold in August.
Average days on the market was 29.
Prices range from $679,000-$3,600,000.
The average listprice was $1,072,321.
The average sold price was $1,070,946 or $414 per square foot.
The median list price was $ 837,000. 
The median sold price was $ 827,500.
6  listings (43%) of the homes in Moraga sold below their
list price.
2 (14%) of the homes sold at its list price.
6 homes(43%) sold above their list price.

Orinda had 23 sales with an average days on the
market of 37.
Prices range from $645,000 - $2,195,000.
The average list price was $1,253,065.
The average sold price was $1,238,033 or $424 per square foot.
The median list price was $1,249,000.
The median sold price was $1,230,000.
12 listings (52%)of the total homes sold below their list price.
5 (22%)properties sold at their list price.
6 properties (26%)sold above their list price.

Lamorinda Market
update brought to you by MARGOT & HAL KAUFMAN
PacificUnion International, Orinda                                                                                         925.260.4787/925.260.4799

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