Monthly Analysis
FEBRUARY 2011

BAY AREA HOME SALES

BAY AREA HOME SALES

According to MDA DataQuick, the number of Bay Area homes sold in January 2011 was below the month ago level in December 2010, but slightly above the year ago level. This was due to the continued effects of the current housing market leading to distressed sales and bargain hunting. In a year-over-year basis, the median sale price decreased for the four consecutive months due to an increase in foreclosure resales. A total of 4,966 new and resale houses and condos closed escrow in the nine-county Bay Area in January 2011.

All Homes by County Number Sold Feb  2011 Sales Annual Pct. Change Median Feb 2011 Median Annual Pct. Change

Alameda

969

3.5%

$308,181

-9.6%

Contra Costa

1,092

1.3%

$240,000

-6.7%

Marin

174

13.7%

$500,000

-6.5%

Napa

118

35.6%

$315,000

-10.0%

San Francisco

333

7.1%

$590,250

-6.2%

San Mateo

372

4.8%

$504,250

-12.9%

Santa Clara

1,134

-0.3%

$439,000

-2.7%

Solano

448

-3.0%

$182,000

-9.5%

Sonoma

326

-2.4%

$297,500

-8.5%

Bay Area

4,966

2.3%

$338,000

-3.4%

Source: MDA DataQuick

Median Home Sale Values

Number of Homes Sold

EAST BAY HOME SALES

County/City/Area  # Sold  Feb-11 Feb-10 % Change

ALAMEDA COUNTY

553

$309,599

$339,000

-8.70%

ALAMEDA

12

$567,500

$430,000

31.98%

ALBANY

2

$611,500

$423,500

44.39%

BERKELEY

19

$415,000

$440,000

-5.68%

CASTRO VALLEY

27

$365,000

$425,500

-14.22%

DUBLIN

28

$498,000

$501,500

-0.70%

EMERYVILLE

21

$214,500

$319,500

-32.86%

FREMONT

71

$439,000

$435,000

0.92%

HAYWARD

78

$250,000

$270,000

-7.41%

LIVERMORE

40

$329,500

$389,750

-15.46%

NEWARK

10

$362,500

$350,000

3.57%

OAKLAND

128

$202,500

$198,718

1.90%

PLEASANTON

26

$635,000

$640,000

-0.78%

SAN LEANDRO

48

$278,750

$310,000

-10.08%

SAN LORENZO

13

$280,000

$307,500

-8.94%

UNION CITY

30

$332,500

$340,000

-2.21%

CONTRA COSTA COUNTY

1,066

$240,000

$260,000

-7.69%

ALAMO

11

$1,040,000

$930,000

11.83%

ANTIOCH

148

$180,000

$208,500

-13.67%

BRENTWOOD

91

$290,000

$290,000

0.00%

CLAYTON

9

$480,000

$524,500

-8.48%

CONCORD

114

$227,500

$252,500

-9.90%

DANVILLE

50

$807,500

$800,000

0.94%

DISCOVERY BAY

22

$301,500

$290,000

3.97%

EL CERRITO

17

$474,000

$595,000

-20.34%

EL SOBRANTE

25

$220,000

$215,750

1.97%

HERCULES

27

$266,000

$293,500

-9.37%

LAFAYETTE

14

$850,000

$902,500

-5.82%

MARTINEZ

45

$269,000

$310,000

-13.23%

MORAGA

12

$710,000

$514,500

38.00%

OAKLEY

50

$215,500

$215,500

0.00%

ORINDA

13

$780,000

$905,000

-13.81%

PINOLE

9

$250,000

$268,000

-6.72%

PITTSBURG

108

$137,250

$199,000

-31.03%

PLEASANT HILL

18

$369,500

$365,000

1.23%

RICHMOND

96

$131,500

$129,000

1.94%

RODEO

8

$197,000

$255,000

-22.75%

SAN PABLO

53

$175,000

$183,500

-4.63%

SAN RAMON

64

$592,500

$700,000

-15.36%

WALNUT CREEK

54

$355,000

$419,500

-15.38%

Source: SF Chronicle/ MDA DataQuick

NEXT SECTION: BAY AREA CONSTRUCTION PERMITS

 

Top