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December 2009 Monthly Analysis
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Bay Area Home Sales
BAY AREA HOME SALES
BAY AREA HOME SALES
According to MDA DataQuick, the median price paid for a Bay Area home rose above the year-ago level for the second consecutive month, a reflection of widening price stability, fewer foreclosures selling and more activity in pricier areas. Sales dipped below October but were higher than a year earlier for the 15th consecutive month, a real estate information service reported. The median price paid for all new and resale houses and condos that closed escrow in the nine-county Bay Area last month was $387,000. That was down 0.8 percent from $390,000 in October but up 10.6 percent from $350,000 in November 2008.
In the East Bay, Alameda County’s median value was $363,000 in November – a 1.6 percent decrease from October and a 1.8 percent increase when compared to November 2008. In Contra Costa County the median home value was $290,000 – a 3.6 percent increase over October and a 9.4 percent decrease when compared to November 2008.
A total of 6,878 new and resale houses and condos closed escrow in the nine-county Bay Area last month. That was down 13.3 percent from 7,933 sales in October but up 19.5 percent from 5,756 sales in November 2008. A decline in sales between October and November is normal.
Last month’s sales were the highest for a November since 2006 but were still 14.6 percent lower than the November sales average of 8,050 since 1988, when DataQuick’s stats begin. November sales have ranged from a low of 5,127 in 2007 to a high of 11,906 in 2004. On average since 1988, sales have dropped 8.3 percent between October and November.
| All Homes by County |
Number Sold Nov 2009 |
Sales Annual Pct. Change |
Median Nov 2009 |
Median Annual Pct. Change |
| Alameda |
1,323 |
11.90% |
$363,000 |
1.80% |
| Contra Costa |
1,472 |
3.40% |
$290,000 |
9.40% |
| Marin |
237 |
52.90% |
$600,000 |
-4.00% |
| Napa |
104 |
11.80% |
$380,750 |
-6.30% |
| San Francisco |
499 |
46.80% |
$650,000 |
0.30% |
| San Mateo |
525 |
31.90% |
$587,550 |
1.20% |
| Santa Clara |
1,649 |
47.20% |
$494,500 |
9.90% |
| Solano |
621 |
4.20% |
$220,000 |
-6.20% |
| Sonoma |
448 |
-0.20% |
$325,050 |
4.90% |
| Bay Area |
6,878 |
19.50% |
$387,000 |
10.60% |
| Source:
MDA DataQuick |
EAST BAY HOME SALES
| County/City/Area |
# Sold |
Nov-09 |
Nov-08 |
% Change |
| ALAMEDA COUNTY |
1,349 |
$370,000 |
$359,000 |
3.06% |
| ALAMEDA |
41 |
$523,000 |
$635,500 |
-17.70% |
| ALBANY |
13 |
$610,000 |
$468,000 |
30.34% |
| BERKELEY |
46 |
$624,091 |
$690,000 |
-9.55% |
| CASTRO VALLEY |
54 |
$400,000 |
$475,000 |
-15.79% |
| DUBLIN |
64 |
$452,500 |
$557,500 |
-18.83% |
| EMERYVILLE |
41 |
$300,000 |
$280,000 |
7.14% |
| FREMONT |
196 |
$465,500 |
$457,000 |
1.86% |
| HAYWARD |
177 |
$275,000 |
$280,000 |
-1.79% |
| LIVERMORE |
102 |
$405,000 |
$396,000 |
2.27% |
| NEWARK |
47 |
$330,000 |
$368,000 |
-10.33% |
| OAKLAND |
318 |
$260,000 |
$227,500 |
14.29% |
| PLEASANTON |
65 |
$625,000 |
$570,000 |
9.65% |
| SAN LEANDRO |
74 |
$317,500 |
$340,000 |
-6.62% |
| SAN LORENZO |
31 |
$310,000 |
$320,000 |
-3.13% |
| UNION CITY |
80 |
$365,000 |
$400,000 |
-8.75% |
| CONTRA COSTA COUNTY |
1,432 |
$285,000 |
$260,000 |
9.62% |
| ALAMO |
17 |
$1,000,000 |
$1,280,500 |
-21.91% |
| ANTIOCH |
200 |
$200,000 |
$215,000 |
-6.98% |
| BRENTWOOD |
124 |
$300,000 |
$320,000 |
-6.25% |
| CLAYTON |
16 |
$530,000 |
$616,500 |
-14.03% |
| CONCORD |
150 |
$274,500 |
$264,000 |
3.98% |
| CROCKETT |
5 |
$371,500 |
n/a |
n/a |
| DANVILLE |
59 |
$815,000 |
$790,000 |
3.16% |
| DISCOVERY BAY |
31 |
$310,000 |
$365,000 |
-15.07% |
| EL CERRITO |
23 |
$555,000 |
$571,500 |
-2.89% |
| EL SOBRANTE |
21 |
$310,000 |
$274,500 |
12.93% |
| HERCULES |
38 |
$325,000 |
$283,500 |
14.64% |
| LAFAYETTE |
16 |
$992,500 |
$872,500 |
13.75% |
| MARTINEZ |
41 |
$325,000 |
$400,000 |
-18.75% |
| MORAGA |
16 |
$731,500 |
$977,500 |
-25.17% |
| OAKLEY |
88 |
$240,000 |
$262,500 |
-8.57% |
| ORINDA |
14 |
$945,000 |
$1,173,000 |
-19.44% |
| PINOLE |
21 |
$300,000 |
$293,000 |
2.39% |
| PITTSBURG |
129 |
$185,000 |
$170,000 |
8.82% |
| PLEASANT HILL |
33 |
$475,000 |
$408,000 |
16.42% |
| RICHMOND |
116 |
$134,750 |
$145,000 |
-7.07% |
| RODEO |
6 |
$325,500 |
$193,000 |
68.65% |
| SAN PABLO |
62 |
$178,250 |
$191,500 |
-6.92% |
| SAN RAMON |
97 |
$675,000 |
$800,000 |
-15.63% |
| WALNUT CREEK |
99 |
$419,000 |
$558,000 |
-24.91% |
| Source: DataQuick / SF Chronicle |
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