Discovery Bay Homes for Sale
This market report looks at Discovery Bay Homes for Sale. The focus is Single Family Homes for Sale. The report compares current Discovery Bay Homes for sale to homes sold in June and July.
Right now there are 92 Discovery Bay Homes for Sale with an average price of $546,532.00 and a median price of $444,450.00. The average price per SF is $195.00 and these homes have been on the market an average of 72 days.
In July 20 of the Discovery Bay Homes for Sale sold with an average price of $355,610.00 and a median price of $352,50.00. The average price per SF was $130.00 and the homes spent an average of 43 days on the market.
In June 31 of the Discovery Bay Homes for Sale sold with an average price of $323,158.00 and a median price of $285,000.00. The average price per SF was $120.00 and the homes spent an average of 30 days on the market.
The reason June appears better in terms of the number of sales is there was a big rush to purchase and close on homes in June due to the end of the Federal and State Tax Credit. Although I expect business to fall of a little with the end of the tax credits there should be a bonus back in August. Even based on July sales we still have about a 3 month supply of homes. Prices where up in July, But Discovery Bay Homes for sale represent a diverse and eclectic area with entry level homes, golf course homes, homes with deep water docks, and gated communities. So I few high end sales can skew the figures from month to month.
If you are interested in Discovery Bay Homes for Sale or interested in buying or selling elsewhere I would like to offer you quality service as your Broker and Realtor®.
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