The Walnut Creek real estate market has remained pretty steady throughout typically slow summer months, though we saw decreases across the board in August, aside from the median sale price which is the case in most Bay Area cities. The median sale price in August 2013 was $812,500 and this August that price increased by roughly 10% to $895,000. Prices are continuing to increase due to the high demand for Bay Area real estate. Home prices continue to rise which is probably why the number of properties sold in August has dipped 23% from last year. Homebuyers are likely sitting out this market until supply and demand stabilize. The real estate market tends to spike during Fall and more properties are projected to hit the market so buying then might be better. It’s all a gamble with the real estate market though. You just never know whats around the corner. And interestingly, the average number of days a home is staying on the market increased year over year by nearly 65% which is almost certainly due to the time of year. There are only a few more month left in 2014…can you believe it?! Let’s see how the market shifts as Fall approaches.
Community Event:
8th Annual Fall Wine Walk
Enjoy a special wine tasting event throughout Downtown Walnut Creek! Receive a complimentary wine glass and map at the starting location
and begin your tour of favorite wineries!
The Fall Wine Walk features wine tastings in downtown shops, restaurants and businesses, live acoustic musicians playing on local plazas and sidewalks, and fun prize drawings. Enjoy the beauty and unique experience of Downtown Walnut Creek, all at your own leisurely pace!
This event will take place rain or shine. You must be 21 years or older to participate.
Click here to view our June 2014 Wine Walk photos
Wednesday, September 17, 2014
6:00pm – 9:00pm
Starting Location:
Pro Home Systems
(1561 Civic Drive)
Ticket Information:
$30/person in advance
$40/person at the door
If you purchased your tickets using the Eventbrite order form, a confirmation email was sent to you containing your PDF ticket. Print your PDF ticket and BRING it to the Starting Location OR download the Eventbrite app on your smartphone and show us your barcode at check-in!
TICKETS WILL NOT BE MAILED TO YOU FOR THIS EVENT.
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