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January 2010 Quarterly Update
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Bay Area Home Sales
BAY AREA HOME SALES
BAY AREA HOME SALES
According to MDA DataQuick, the Bay Area housing market last month continued its step-by-step climb up from the bottom with upticks in sales as well as prices. Many of the underlying trends are shifting slowly, if at all, indicating sluggish change in market fundamentals, a real estate information service reported. A total of 7,828 new and resale houses and condos were sold in the nine-county region last month. That was up 13.8 percent from 6,878 in November, and up 13.6 percent from 6,889 for December 2008.
In the East Bay, Alameda County’s median value was $360,000 in December 2009 – a 0.8 percent decrease from November and a 6.5 percent increase when compared to December 2008. In Contra Costa County the median home value was $287,500 – a 0.9 percent decrease from November and a 13.9 percent increase when compared to December 2008.
The median price paid for a Bay Area home was $380,000 in December 2009. That was down 1.8 percent from $387,000 for the month before, and up 15.2 percent from $330,000 for December 2008. Last month was the third in a row with a year-over-year gain, after 22 months of decline. The median hit bottom at $290,000 last March, well off the $665,000 peak reached in June and July of 2007.
All Homes by County |
Number Sold Dec 2009 |
Sales Annual Pct. Change |
Median Dec 2009 |
Median Annual Pct. Change |
Alameda |
$1,552 |
4.00% |
$360,000 |
6.50% |
Contra Costa |
$1,634 |
-8.60% |
$287,500 |
13.90% |
Marin |
265 |
60.60% |
$635,000 |
12.90% |
Napa |
128 |
15.30% |
$356,000 |
-11.60% |
San Francisco |
1,915 |
51.40% |
$475,000 |
8.90% |
San Mateo |
499 |
36.30% |
$650,000 |
5.40% |
Santa Clara |
642 |
47.60% |
$586,500 |
9.20% |
Solano |
698 |
-4.80% |
$217,500 |
1.90% |
Sonoma |
495 |
-7.30% |
$330,000 |
10.00% |
Bay Area |
7,828 |
13.60% |
$380,000 |
15.20% |
| Source:
MDA DataQuick |
EAST BAY HOME SALES
| County/City/Area |
# Sold |
Dec-09 |
Dec-08 |
% Change |
Alameda County |
1,404 |
$353,500 |
$330,000 |
7.12% |
ALAMEDA |
46 |
$569,000 |
$640,000 |
-11.09% |
ALBANY |
20 |
$620,500 |
$364,500 |
70.23% |
BERKELEY |
48 |
$525,000 |
$719,000 |
-26.98% |
CASTRO VALLEY |
68 |
$397,000 |
$455,000 |
-12.75% |
DUBLIN |
66 |
$485,000 |
$462,500 |
4.86% |
EMERYVILLE |
32 |
$349,000 |
$299,000 |
16.72% |
FREMONT |
204 |
$427,250 |
$437,500 |
-2.34% |
HAYWARD |
191 |
$260,000 |
$265,000 |
-1.89% |
LIVERMORE |
117 |
$385,000 |
$394,500 |
-2.41% |
NEWARK |
39 |
$342,000 |
$357,500 |
-4.34% |
OAKLAND |
323 |
$250,000 |
$224,000 |
11.61% |
PLEASANTON |
66 |
$621,000 |
$711,500 |
-12.72% |
SAN LEANDRO |
90 |
$328,000 |
$323,000 |
1.55% |
SAN LORENZO |
29 |
$300,000 |
$320,000 |
-6.25% |
UNION CITY |
64 |
$319,000 |
$402,000 |
-20.65% |
Contra Costa County |
1,554 |
$285,000 |
$250,000 |
14.00% |
ALAMO |
21 |
$1,100,000 |
$1,195,000 |
-7.95% |
ANTIOCH |
203 |
$220,000 |
$210,000 |
4.76% |
BRENTWOOD |
142 |
$312,500 |
$307,500 |
1.63% |
CLAYTON |
20 |
$560,000 |
$521,000 |
7.49% |
CONCORD |
161 |
$270,000 |
$241,000 |
12.03% |
DANVILLE |
80 |
$780,000 |
$1,029,000 |
-24.20% |
DISCOVERY BAY |
37 |
$307,000 |
$299,250 |
2.59% |
EL CERRITO |
14 |
$509,250 |
$521,000 |
-2.26% |
EL SOBRANTE |
29 |
$265,000 |
$357,250 |
-25.82% |
HERCULES |
33 |
$301,000 |
$373,750 |
-19.46% |
LAFAYETTE |
19 |
$900,000 |
$882,500 |
1.98% |
MARTINEZ |
47 |
$337,000 |
$335,000 |
0.60% |
MORAGA |
12 |
$655,000 |
$995,000 |
-34.17% |
OAKLEY |
79 |
$250,500 |
$256,500 |
-2.34% |
ORINDA |
17 |
$805,500 |
$985,000 |
-18.22% |
PINOLE |
27 |
$267,000 |
$271,500 |
-1.66% |
PITTSBURG |
161 |
$182,000 |
$157,500 |
15.56% |
PLEASANT HILL |
24 |
$425,000 |
$410,000 |
3.66% |
RICHMOND |
112 |
$144,500 |
$138,000 |
4.71% |
RODEO |
10 |
$201,000 |
$158,000 |
27.22% |
SAN PABLO |
78 |
$186,500 |
$160,000 |
16.56% |
SAN RAMON |
119 |
$590,000 |
$711,500 |
-17.08% |
WALNUT CREEK |
105 |
$434,000 |
$500,000 |
-13.20% |
| Source: DataQuick / SF Chronicle |
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