Real Estate Cycles as of March 2014

Remember, the real estate market is a matter of neighborhoods and houses. No two are the same. For complete information on a particular neighborhood or property, call me. P.S. The FHA requires all condo projects to be re-certified before they will make a loan. To find out if the condo project you’re interested in is eligible, go here:¬†https://entp.hud.gov/idapp/html/condlook.cfm. The real estate market is very hard to generalize. It is a market made up of many micro markets. For complete information on a particular neighborhood or property, call me. If I can help you devise a strategy, call or click the buying or selling link in the menu to the left. Monthly Statistics Complete monthly sales statistics for Contra Costa County are below. Monthly graphs are available for each city in the county. February Sales Statistics (Single-family Homes) Prices Units Change from last year Change from last month Median Average Sold DOM SP/LP Median Average Sold Median Average Sold County $480,000 $607,286 487 36 101.0% 17.1% 13.0% 6.8% 13.5% 6.7% 10.4% Alamo $1,200,000 $1,301,608 13 55 98.5% -13.2% -5.6% 8.3% -14.7% -6.7% 116.7% Antioch $315,000 $320,881 47 47 100.0% 12.5% 18.4% -17.5% 8.3% 7.4% -34.7% Bay Point $247,500 $247,500 2 215 119.6% 20.4% -2.3% -71.4% 3.1% -4.0% -60.0% Blackhawk $1,269,900 $1,566,100 9 26 97.4% -2.9% 16.9% 125.0% -41.2% -27.5% 350.0% Brentwood $430,000 $432,343 49 42 99.4% -1.6% -12.9% 28.9% 7.5%...

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