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In today’s market, many home buyers are buying residential lots instead and building custom homes. Improved market conditions in many areas are also allowing investors to return to the business of buying land and building custom “spec” homes or small subdivisions. If you’re thinking about buyin...
06/10/2014
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The Yountville May 2014 home sales report reflects the small, but strong, market for homes in this central Napa Valley village known for fine restaurants, luxurious spas and close proximity to some of the finest wineries in the Valley. Three properties closed escrow in May, all had been on the m...
06/04/2014
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The Napa May 2014 home sales report reflects an improved market throughout most of Wine Country, with additional inventory coming on the market every week. Eighty six homes closed escrow in May, including a welcome 12 homes that sold for greater than $1M. The $2M to $5M price range has lagged i...
06/04/2014
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The American Canyon May 2014 home sales report reflects a steady southern Napa County real estate market, where prices are generally flat and homes are taking a month and a half on average to sell. Sixteen homes closed escrow in May. There are currently 11 homes for sale, including one short sal...
06/03/2014
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The Benicia May 2014 home sales report for this south Solano County community reflects brisk sales and steady prices. Thirty two homes closed escrow in May, including 10 condos. Sales reflected an even mix of properties that have been on the market for several months and new offerings (13 close...
06/03/2014
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The Cordelia May 2014 home sales report for this Fairfield, CA community reflects limited inventory that is priced a little high for the area. Eight homes closed escrow in May, including four new construction. Demand is softer than in the last couple of years due to higher asking prices, result...
06/03/2014
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The Alamo May 2014 home sales report reflects strong demand for mid priced homes, from $1.2M to $1.7M. Twenty one homes closed escrow in May, with an average selling price of $1,728,423 and mean time to sell of just 10 days. There are 32 homes now in escrow with an average listing price of $1,4...
06/03/2014
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The Lafayette May 2014 home sales report for homes that closed escrow reflects the exclusive nature of East Bay luxury property sales – few homes on the market and prices are currently holding steady. Thirty eight homes closed escrow in May, with an average sale price of $1,375,472 and a mean ti...
06/03/2014
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The Orinda May 2014 home sales report reflects the steady market for East Bay luxury homes, with homes in the lower end of the local price range selling quickly and sales moving slower for homes in the upper end. Thirty homes closed escrow in May, with an average sale price of $1,471,568 and medi...
06/03/2014
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The Atherton May 2014 home sales report reflects the continuing strong market throughout Silicon Valley and relatively high value of Atherton luxury homes. Of the 13 homes that closed escrow in May, nine sold below $6,000,000 and two sold above $10,000,000 (see below). The median time on market...
06/03/2014