2013 was an interesting real estate market for Walnut Creek. Inventory levels were low throughout the year and demand was very high, shown by multiple offers on properties; there were bidding wars like we haven’t seen in quite some time. Above asking offers became the norm. Overall, the median sale price was $780,000 which is up from $700,000 in December 2012, an increase of 11%. For 2014 we can expect to see a similar market, with demand to remain high, which bodes well for home sellers. Mortgage levels are expected to increase which will in turn limit pricing for some buyers. 2014 is suspected to be a steady market so let’s all rejoice for positivity this New Year! Click Here for more housing market updates in Walnut Creek.
Walnut Creek Community Event - January
Don’t miss Flappers & Flasks, a speakeasy party to kick off Walnut Creek’s Centennial Celebration! The event will be held at the Lesher Center for the Arts on Friday, January 24th from 8pm-11:45pm. Enjoy Casino games, cocktails and bites and a live rock n’roll band! Click Here to purchase your tickets!
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