East Bay Blog

Welcome back to my East Bay Real Estate Blog. I apologize for not updating it in a while. The good news is that we are getting busier, and that is one reason why I have not had time to update lately.

It always seems that things really start to pick up around the Memorial Day holiday, which is a week from this coming Monday. It is probably because kids are about to get out of school for the summer, and families want to take advantage of that time to get their moving done.

With that said, I am going to make my blog a little more statistical today, and instead of giving you my opinion on a topic related to Real Estate, I am going to give you some numbers. The following is some information regarding sales of Single Family Homes in several East Bay cities. I think this information should prove valuable when deciding how you will price your home, or what kind of offer you can submit on a home for purchase. The following numbers are only for Single Family Homes. If you need stat’s for condo’s & townhomes, give me a call or shoot me an e-mail and I’ll be happy to help. The following stat’s compare April 2007 with April 2006. April of this year is the most recent month that these numbers are available, and that is why I am using it. Here we go:

Castro Valley

Median Sales Price- April 07-$697,500 / April 06-$692,000

Units Sold- April 07-20 / April 06-47

Average Days on Market- April 07-36 / April 06- 23

Dublin

Median Sales Price- April 07- $702,475 / April 06- $747,000

Units Sold- April 07-20 / April 06-24

Average Days on Market- April 07-22 / April 06-26

Hayward

Median Sales Price- April 07-$553,000 / April 06-$590,000

Units Sold- April 07-37 / April 06-82

Average Days on Market- April 07-44 / April 06-25

Livermore

Median Sales Price- April 07-$772,978 / April 06-$784,595

Units Sold- April 07-72 / April 06-84

Average Days on Market- April 07-32 / April 06-28

Pleasanton

Median Sales Price- April 07-$884,000 / April 06-$965,000

Units Sold- April 07-45 / April 06-37

Average Days on Market- April 07-23 / April 06-23

San Leandro

Median Sales Price- April 07-$545,000 / April 06-$592,500

Units Sold- April 07-35 / April 06- 58

Average Days on Market- April 07-34 / April 06- 24

San Lorenzo

Median Sales Price- April 07-$525,000 / April 06- $564,500

Units Sold- April 07-11 / April 06- 12

Average Days on Market- April 07-34 / April 06-24

I hope you find the above information helpful, and of course this is just a tiny sample. If you need information about townhomes/condo’s let me know. Also, this is only comparing April 2007 to April 2006. If you would like information for other months, or full year, please let me know. As always your comments are welcome, until next time…