If you’re thinking of Buying a Home or Selling a Home in Oakley CA, now may be the time to act. This market is still dominated by Bank Owned Homes, but it appears to be turning around. These numbers are taken from the MLS on April 22, 2009. I have only looked at Single Family Homes. Some of the numbers vary slightly from Last Month’s Oakley Market Report, probably due to late reporting on some sales.
In February there were 62 home sales in Oakley, CA with an Average Price of $205,663.00 and a Median Price of $182,450.00. The sold homes were on the market for an Average of 45 days and sold for an Average SF price of $111.00.
In March there were 84 home sales in Oakley, CA with an Average Price of $206,824.00 and a Median Price of $183,500.00. The sold homes were on the market for an Average of 58 days and sold for an Average SF price of $113.00.
Currently there are 166 Homes For Sale in Oakley, CA. The Average Price of the Homes is $287,427.00 and the Median Price of the Homes is $252,450.00. The homes currently for sale have been on the market an Average of 111 Days and have an Average Price per SF of $145.00. Remember, this is what people are asking for not completed sales.
It seems prices have stabilized and going up slightly. Homes are still over priced, but the prices are coming down to meet the market.
If you are interested in Buying a Home or Selling a Home in Oakley or anywhere in East Contra Costa County, Brentwood, Antioch, , Discovery Bay, Pittsburg, Bay Point and others please contact me. I specialize in helping buyers of Bank Owned Homes. For regular updates please subscribe to this blog.
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