Antioch Home Prices – How Much are Investment Properties?
Real Estate Investors love Antioch California. Properties are affordable, provide good returns and offer great potential for appreciation. But some people wonder if the time to invest has passed. Well of course we all wish we had bought 3 years ago, 5 years ago, 20 years ago and so forth. Many people wish they bought Microsoft or Apple Stock in the 80's. That does not mean that now is a bad time to Invest in Real Estate. In fact I think it is a great time to Buy Real Estate and especially to Purchase Investment Properties.
So what are Antioch Real Estate Prices like and What is the Antioch Real Estate Price Trend. Well prices have been up in 2014, but towards the end of the year they leveled off. I do think they will increase again in 2015 for a number of reasons.
Where can I learn More About Real Estate Investing?
Here is the Real Estate Price Trend in Antioch Ca for the last 3 months:
|
Month |
Number Sold |
High Price |
Low Price |
Average Price |
Ave Price Per SF |
|
December 2014 |
80 |
$495,000.00 |
$127,000.00 |
$325,342.00 |
$174.27 |
|
November 2014 |
96 |
$550,000.00 |
$150,000.00 |
$314,022.00 |
$175.81 |
|
October 2014 |
109 |
$620,000.00 |
$170,000.00 |
$333,407.00 |
$171.67 |
But it is important to look hard at the numbers. There are sub markets in Antioch that are very important. Many Investors like to buy in the older parts of town. Antioch Homes in the 94509 Area are very popular with Real Estate Investors. These homes are generally older, although there are some newer homes in the 94509 Zip Code too.
I want to learn more about Living in Antioch California!
Look at the number for the last 3 months in the 94509 Zip Code:
|
Month |
Number Sold |
High Price |
Low Price |
Average Price |
Ave Price Per SF |
|
December 2014 |
32 |
$441,000.00 |
$127,000.00 |
$288,243.00 |
$171.81 |
|
November 2014 |
56 |
$550,000.00 |
$150,000.00 |
$291,434.00 |
$178.95 |
|
October 2014 |
59 |
$360,000.00 |
$170,000.00 |
$266.655.00 |
$188.56 |
Home Prices in the Antioch 94509 Area Code look more affordable. But for investors I wanted to look at one more subcategory. A very popular type of home with many Real Estate Investors is the Ranch Style Homes built in Antioch primarily in the 1970's. These Antioch Ranch Style Homes provide excellent Single Story Homes in Antioch that are affordable and yet remain popular and retain their value.
Here is the information on Single Story Antioch Homes in 94509:
|
Month |
Number Sold |
High Price |
Low Price |
Average Price |
Ave Price Per SF |
|
December 2014 |
22 |
$369,750.00 |
$127,000.00 |
$269,727.00 |
$182.35 |
|
November 2014 |
36 |
$350,000.00 |
$150,000.00 |
$256,513.00 |
$175.81 |
|
October 2014 |
38 |
$360,000.00 |
$170,000.00 |
$266,655.00 |
$188.56 |
There is money to be made Investing in Real Estate in Antioch California and other nearby communities. The properties are still priced well, but are holding their value with a good chance of appreciation.
Gene Riemenschneider is the author of The Free Book of Real Estate Investing and is the Owner/Broker of Home Point Real Estate in Brentwood CA; serving the East Contra Costa County Communities of Brentwood, Oakley, Antioch, Discovery Bay, Pittsburg and beyond.
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