|
Research Facts & Figures
>
Economic Forecasts & Updates
>
September 2009 Monthly Analysis
>
Bay Area Home Sales
BAY AREA HOME SALES
BAY AREA HOME SALES
According to MDA DataQuick, the median price paid for all new and resale houses and condos last month in the Bay Area fell to $360,000, down 8.9 percent from $395,000 in July and down 19.5 percent from $447,000 in August 2008.
In the East Bay, Alameda County’s median value was $340,000 – unchanged from July, and 22.7 percent lower than in August 2008. The Contra Costa County median home sale value in August 2009 was $261,500 – up slightly since July 2009, but down 20.8 percent since August 2008.
A total of 7,518 new and resale houses and condos closed escrow in the nine-county Bay Area last month. That was down 14.3 percent from 8,771 in July and up 4.0 percent from 7,232 in August 2008. In the East Bay, Alameda county saw a 21 percent increase in sales over August 2008 while in Contra Costa County sales decreased 8.4 percent over the previous year.
| All Homes
by County |
Number
Sold August 2009 |
Sales
Annual Pct. Change |
Median August 2009 |
Median
Annual Pct. Change |
| Alameda |
1,538 |
21.00% |
$ 340,000 |
-22.7% |
| Contra Costa |
1,587 |
-8.40% |
$ 261,500 |
-20.8% |
| Marin |
235 |
-4.90% |
$ 713,000 |
5.6% |
| Napa |
120 |
-3.20% |
$ 350,000 |
-22.8% |
| San Francisco |
514 |
-2.80% |
$ 635,000 |
-12.4% |
| San Mateo |
606 |
8.20% |
$ 559,000 |
-11.6% |
| Santa Clara |
1,736 |
5.30% |
$ 451,000 |
-18.8% |
| Solano |
677 |
13.20% |
$ 200,500 |
-25.7% |
| Sonoma |
505 |
-3.30% |
$ 315,000 |
-10.0% |
| Bay Area |
7,518 |
4.00% |
$ 360,000 |
-19.5% |
| Source:
MDA DataQuick |
EAST BAY HOME SALES
| County/City/Area |
# Sold |
AUGUST 2009 |
AUGUST 2008 |
% Change |
| Alameda County |
1,481 |
$340,000 |
$421,100 |
-19.26% |
| ALAMEDA |
51 |
$590,000 |
$595,000 |
-0.84% |
| ALBANY |
12 |
$552,500 |
$575,000 |
-3.91% |
| BERKELEY |
47 |
$556,000 |
$699,000 |
-20.46% |
| CASTRO VALLEY |
62 |
$435,500 |
$440,000 |
-1.02% |
| DUBLIN |
61 |
$425,000 |
$519,500 |
-18.19% |
| EMERYVILLE |
19 |
$275,000 |
$346,250 |
-20.58% |
| FREMONT |
194 |
$440,000 |
$530,000 |
-16.98% |
| HAYWARD |
213 |
$242,000 |
$300,000 |
-19.33% |
| LIVERMORE |
95 |
$395,000 |
$450,000 |
-12.22% |
| NEWARK |
54 |
$335,000 |
$435,000 |
-22.99% |
| OAKLAND |
371 |
$180,000 |
$310,000 |
-41.94% |
| PLEASANTON |
88 |
$650,000 |
$702,500 |
-7.47% |
| SAN LEANDRO |
95 |
$320,000 |
$345,000 |
-7.25% |
| SAN LORENZO |
39 |
$320,000 |
$338,000 |
-5.33% |
| UNION CITY |
80 |
$328,250 |
$417,000 |
-21.28% |
| Contra Costa County |
1,519 |
$260,000 |
$330,000 |
-21.21% |
| ALAMO |
16 |
$1,000,000 |
$1,298,500 |
-22.99% |
| ANTIOCH |
210 |
$201,250 |
$235,000 |
-14.36% |
| BRENTWOOD |
119 |
$276,000 |
$365,000 |
-24.38% |
| CLAYTON |
12 |
$602,500 |
$600,000 |
0.42% |
| CONCORD |
144 |
$258,000 |
$277,000 |
-6.86% |
| CROCKETT |
5 |
$248,000 |
$322,500 |
-23.10% |
| DANVILLE |
67 |
$825,000 |
$885,000 |
-6.78% |
| DISCOVERY BAY |
28 |
$292,500 |
$357,000 |
-18.07% |
| EL CERRITO |
16 |
$479,500 |
$512,000 |
-6.35% |
| EL SOBRANTE |
31 |
$250,000 |
$332,500 |
-24.81% |
| HERCULES |
38 |
$354,750 |
$360,000 |
-1.46% |
| LAFAYETTE |
24 |
$862,500 |
$1,192,500 |
-27.67% |
| MARTINEZ |
50 |
$250,000 |
$379,000 |
-34.04% |
| MORAGA |
9 |
$995,000 |
$775,000 |
28.39% |
| OAKLEY |
93 |
$250,000 |
$265,000 |
-5.66% |
| ORINDA |
15 |
$1,015,000 |
$1,190,000 |
-14.71% |
| PINOLE |
23 |
$260,000 |
$294,500 |
-11.71% |
| PITTSBURG |
154 |
$149,000 |
$225,000 |
-33.78% |
| PLEASANT HILL |
29 |
$385,000 |
$427,500 |
-9.94% |
| RICHMOND |
137 |
$140,000 |
$189,000 |
-25.93% |
| RODEO |
5 |
$172,000 |
$313,500 |
-45.14% |
| SAN PABLO |
83 |
$150,000 |
$205,000 |
-26.83% |
| SAN RAMON |
114 |
$597,500 |
$723,000 |
-17.36% |
| WALNUT CREEK |
93 |
$501,000 |
$615,000 |
-18.54% |
| Source: DataQuick / SF Chronicle |
|