This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

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

Find out what's happening in Lamorindawith free, real-time updates from Patch.

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.

Find out what's happening in Lamorindawith free, real-time updates from Patch.

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

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?