Monthly Analysis
AUGUST 2009

BAY AREA HOME SALES

BAY AREA HOME SALES
According to MDA DataQuick, the median price paid for a home in the Bay Area rose to $395,000, up 12.2 percent from $352,000 in June, but down 16.0 percent from $470,000 in July 2008. The median stood 40.6 percent below the peak $665,000 median reached in June and July of 2007.

In the East Bay, Alameda County’s median value was $340,000 – up 1.5 percent over June, but down 22.7 percent since July 2008. The Contra Costa County median home sale value in July 2009 was $261,000 – up 4.4 percent over June, but down 25.4 since July 2008.

A total of 8,771 new and resale houses and condos sold in the nine-county Bay Area last month. That was up 1.5 percent from 8,664 in June and up 15.6 percent from 7,586 in July 2008. In the East Bay, Alameda and Contra Costa Counties both posted sales volume increases between July 2008 and July 2009.

All Homes by County Number Sold July2009 Sales Annual Pct. Change Median  July 2009 Median Annual Pct. Change
Alameda         1,780 24.60% $340,000 -22.70%
Contra Costa    1,888 9.10% $261,000 -25.40%
Marin           265 -4.30% $650,000 -15.60%
Napa            134 7.20% $342,500 -22.20%
San Francisco   543 -10.80% $642,426 -14.20%
San Mateo       692 6.80% $574,750 -14.20%
Santa Clara     2,199 32.50% $490,000 -16.30%
Solano          715 20.80% $200,000 -27.30%
Sonoma          555 7.40% $328,000 -9.50%
Bay Area        8,771 15.60% $395,000 -16.00%
Source: MDA DataQuick

EAST BAY HOME SALES

County/City/Area  # Sold  JULY 2009 JULY 2008 % Change
Alameda County 1,647 $335,000 $452,000 -25.88%
ALAMEDA 52 $523,000 $560,000 -6.61%
ALBANY 16 $532,500 $459,000 16.01%
BERKELEY 53 $565,000 $731,500 -22.76%
CASTRO VALLEY 50 $425,000 $485,000 -12.37%
DUBLIN 77 $530,000 $470,000 12.77%
EMERYVILLE 37 $240,000 $321,000 -25.23%
FREMONT 212 $440,500 $550,000 -19.91%
HAYWARD 227 $230,000 $330,000 -30.30%
LIVERMORE 107 $410,000 $515,000 -20.39%
NEWARK 45 $315,000 $426,250 -26.10%
OAKLAND 427 $195,000 $367,500 -46.94%
PLEASANTON 97 $585,000 $720,000 -18.75%
SAN LEANDRO 114 $293,500 $394,250 -25.55%
SAN LORENZO 33 $300,000 $362,500 -17.24%
UNION CITY 99 $360,000 $450,000 -20.00%
Contra Costa County 1,730 $250,000 $375,000 -33.33%
ALAMO 14 $1,255,000 $1,380,000 -9.06%
ANTIOCH 242 $190,000 $283,500 -32.98%
BRENTWOOD 100 $314,000 $389,000 -19.28%
CLAYTON 17 $520,000 $549,000 -5.28%
CONCORD 159 $260,000 $312,000 -16.67%
CROCKETT 8 $324,250 $403,500 -19.64%
DANVILLE 79 $805,000 $956,000 -15.79%
DISCOVERY BAY 48 $331,500 $395,000 -16.08%
EL CERRITO 22 $512,500 $495,000 3.54%
EL SOBRANTE 40 $217,500 $336,000 -35.27%
HERCULES 52 $280,500 $412,500 -32.00%
LAFAYETTE 19 $1,025,000 $887,500 15.49%
MARTINEZ 53 $294,000 $411,500 -28.55%
MORAGA 14 $906,000 $840,000 7.86%
OAKLEY 89 $245,000 $298,500 -17.92%
ORINDA 16 $933,750 $1,145,000 -18.45%
PINOLE 19 $263,500 $385,000 -31.56%
PITTSBURG 221 $140,500 $270,000 -47.96%
PLEASANT HILL 30 $377,000 $487,500 -22.67%
RICHMOND 156 $101,500 $230,000 -55.87%
RODEO 13 $205,000 $250,000 -18.00%
SAN PABLO 106 $126,500 $270,000 -53.15%
SAN RAMON 117 $620,000 $811,000 -23.55%
WALNUT CREEK 88 $535,000 $591,000 -9.48%
Source: DataQuick / SF Chronicle

 

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