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 Research Facts & Figures > Economic Forecasts & Updates > May 2009 Monthly Analysis > Home Sales

BAY AREA HOME SALES

According to MDA DataQuick, the median price paid for all new and resale Bay Area houses and condos combined was $304,000 in April. That was up 4.8 percent from $290,000 in March but down 41.3 percent from $518,000 a year ago. The median stood 54.3 percent below the peak median of $665,000 reached in June and July of 2007.

In the East Bay, Alameda County’s median value was $289,197 – up 3.3 percent over March, but down 39.0 percent since April 2008. The Contra Costa County median home sale value in April 2009 was $225,500 – up 2.3 percent over March, but 43.0 since April 2008. Due to foreclosure-related short sales, in April Contra Costa County continued to post both the highest sales volume and the steepest annual decline in median sale prices throughout the Bay Area.-height:1.25em; font-family: arial;margin :2px 60px 15px 20px;">

All Homes by County

Number Sold April

2009

Sales Annual Pct. Change

Median  April 2009

Median Annual Pct. Change

Alameda

1,457

17.50%

$289,197

-39.00%

Contra Costa

1,699

34.30%

$225,000

-43.00%

Marin

174

-19.40%

$585,000

-26.90%

Napa

99

-1.00%

$315,000

-36.90%

San Francisco

402

-33.60%

$628,500

-16.20%

San Mateo

444

-22.50%

$520,000

-22.70%

Santa Clara

1,606

11.50%

$405,000

-34.10%

Solano

717

67.10%

$180,000

-43.70%

Sonoma

541

22.40%

$290,000

-30.00%

Bay Area

7,139

13.10%

$304,000

-41.30%

Source: MDA DataQuick

 

A total of 7,139 homes were sold in the Bay Area in April - marking the eighth consecutive month of year-over-year gains, with robust sales in lower-cost inland areas once again compensating for anemic sales on the coast. In the East Bay, Alameda and Contra Costa Counties both posted double-digit sales volume increases between April 2008 and April 2009.

 

County/City/Area 

# Sold 

April-09

April-08

% Change

Alameda County(thru 4/24)

923

$306,636

$475,000

-35.45%

ALAMEDA

21

$560,000

$630,000

-11.11%

ALBANY

9

$591,000

$442,000

33.71%

BERKELEY

38

$596,000

$714,750

-16.61%

CASTRO VALLEY

34

$465,000

$527,500

-11.85%

DUBLIN

32

$435,000

$460,000

-5.43%

EMERYVILLE

15

$270,000

$300,000

-10.00%

FREMONT

120

$377,500

$599,000

-36.98%

HAYWARD

121

$235,000

$389,250

-39.63%

LIVERMORE

77

$350,000

$475,000

-26.32%

NEWARK

28

$337,500

$435,000

-22.41%

OAKLAND

249

$152,500

$385,000

-60.39%

PLEASANTON

33

$525,000

$674,750

-22.19%

SAN LEANDRO

66

$288,750

$390,000

-25.96%

SAN LORENZO

35

$290,000

$331,000

-12.39%

UNION CITY

45

$338,000

$493,500

-31.51%

Contra Costa County

1,633

$225,000

$395,000

-43.04%

ALAMO

10

$1,008,500

$1,212,500

-16.82%

ANTIOCH

276

$171,500

$283,500

-39.51%

BRENTWOOD

139

$285,000

$399,500

-28.66%

CLAYTON

14

$545,000

$692,500

-21.30%

CONCORD

162

$235,000

$360,000

-34.72%

CROCKETT

4

$327,500

$422,500

-22.49%

DANVILLE

32

$725,000

$815,000

-11.04%

DISCOVERY BAY

27

$295,000

$391,250

-24.60%

EL CERRITO

20

$515,000

$599,000

-14.02%

EL SOBRANTE

30

$220,750

$395,000

-44.11%

HERCULES

38

$292,500

$449,000

-34.86%

LAFAYETTE

14

$725,000

$1,225,000

-40.82%

MARTINEZ

34

$332,750

$375,000

-11.27%

MORAGA

8

$510,000

$960,000

-46.88%

OAKLEY

84

$230,000

$331,500

-30.62%

ORINDA

11

$880,000

$1,322,500

-33.46%

PINOLE

19

$265,000

$357,500

-25.87%

PITTSBURG

221

$120,000

$235,000

-48.94%

PLEASANT HILL

22

$405,000

$497,750

-18.63%

RICHMOND

175

$95,000

$232,000

-59.05%

RODEO

14

$259,500

$277,500

-6.49%

SAN PABLO

109

$150,000

$294,000

-48.98%

SAN RAMON

85

$630,000

$710,000

-11.27%

WALNUT CREEK

81

$524,000

$604,000

-13.25%

Source: DataQuick / SF Chronicle

 

 

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