Are you a First Time Home Buyer seeking to Buy a Home in East Contra Costa County? Did you want to find a home in Bay Point, Pittsburg, Antioch, Oakley, Brentwood, Discovery Bay, or other smaller communities. Maybe you need to know about ?
If you are a Home Buyer or Home Seller in Brentwood or East Contra Costa County these are numbers you should pay attention to. Although there are many Bank Owned Homes this market seems to be holding steady. These numbers are taken from the local Multiple Listing Service today April 15, 2009. There is some variation on the February numbers in the March 2009 Brentwood Market Report probably due to late reporting on some sales.
In Brentwood CA there were 82 home sales in March 2009. The average home price was $299,680.00 and the median home price was $289,400.00. The average price per SF was $128.00 SF. The average Days on Market were 47.
The February 2009 numbers for Brentwood, CA appear much better, but there is a reason I will go into latter. There were 88 home sales with an average price of $341,597.00 and a median price of $347,500.00. The average price per SF was $131.00 and the average Days on Market were 42. On first glance is seems the market is still going down sharply, but there was one luxury home sale at $1,250,000.00 that skewed the numbers. If that home is removed the average price is now $331,156.00 and the median price is $345,000, with the average price per SF at $129.00.
The important number above is the average price per SF which shows a very minuscule price decrease. The decrease in the large numbers is an indication that Buyers in Brentwood, CA are looking for smaller homes priced at an entry level.
Currently there are 246 homes for sale in Brentwood, CA with an average price of $436,023.00 and a median price of $325,000.00. This is an average price per SF of $199.00. The average Days on Market are 101. Obviously the higher priced and overpriced homes are not moving. Those homes that come down into the price point do sell.
If you are interested in Buying a Home or Selling a Home in Brentwood or anywhere in East Contra Costa County, Antioch, Oakley, Discovery Bay, Pittsburg, Bay Point and others please contact me. For regular updates please subscribe to this blog.
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