Home Prices in Oakley California – Trend November 2013
Oakley California Homes #OakleyCaliforniaHomes are a great buy. They are affordable homes in a quite East Contra Costa County Community. Homes range from small entry level homes to large executive style homes. This includes homes in a lake side community with a private lake.
Just Show Me the Homes Gene! I am Ready to Buy!
The question I get from people is, “What direction is the market heading?” “Are prices falling or continuing up?” Here is a chart showing Oakley Home Prices #OakleyHomePrices and how they are trending for the past three months.
OAKLEY | # HOMES | HIGH | LOW | AVERAGE | MEDIAN | PER SF |
ACTIVE | 41 | $875,000 | $232,000 | $377,051 | $340,000 | $171.41 |
OCTOBER SALES | 35 | $695,000 | $204,000 | $353,708 | $349,000 | $165.85 |
SEPTEMBER SALES | 55 | $426,000 | $180,000 | $318,880 | $330,000 | $169.52 |
AUGUST SALES | 32 | $595,000 | $125,000 | $311,591 | $312,500 | $164.54 |
As you can see from the chart prices are trending up, except maybe price per SF. I think price per SF is not up as much because people are buying larger and more expensive homes, which tend to be cheaper on a SF basis.
There was a spike in total sales in September, but that may be anomaly or just an end of the summer rush. Home supply is barely over 1 month, which is a very strong sellers market.
Give me a call at 925-260-4321 to see Oakley Homes #OakleyHomes or E-Mail me directly. Also we can tell you the value of your own home - Not a formula that may or may not be right. But an actual evaluation using real market data.
By Gene Riemenschneider
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