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Are Antioch California Home Price up in 2014?

By
Real Estate Broker/Owner with Home Point Real Estate DRE # 01492725

Are Antioch California Home Price up in 2014?

Antioch California Homes are very popular. Antioch California Homes are popular with Real Estate Investors and people looking for a home of their own. Antioch has many newer homes and many fine older Ranch Style Homes. I think the area is on the upswing and ripe for gentrification. The city has many fine parks and a great infrastructure.

I do frequently reports on Antioch Home Prices, but it is hard to get the picture of the over all trend from one month to the next.

See Antioch California Single Family Homes Now!

I wanted to take a look at Homes in Antioch California from one year to the next to see the changes of over one year. The chart looks at the Active Homes for Sale in Antioch; then Homes Sales in March of 2013 and March 2014.

 

Period Number High Low Average Median DOM
Active 113 $719,000.00 $109,000.00 $356,039.00 $339,950.00 20
March 2013 Sold 100 $490,926.00 $70,000.00 $250,852.00 $247,383.00 14
March 2014 Sold 97 $525,000.00 $160,000.00 $308,253.00 $310,000.00 14

 

 

Antioch California Median Home Prices were up about 25% from one year to the next and I suspect prices will continue up. The Median days on market is 20 and there is just over a one month supply of homes; indicating it is still a strong sellers market. The price increases are being driven by the lower end of the market; including entry level and investment grade level homes. The lower end of the market is pushing the entire market up.

Bruce Swedal
Denver, CO
Denver Real Estate

I enjoy reading about real estate in new areas and you sure know the market here. Buyers and sellers should definitely look to you.

Apr 21, 2014 03:35 PM