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Antioch, California Housing MarketAs of July 23rd 2007

By
Real Estate Broker/Owner with Moreno WorkGroup DRE#01240205

Antioch, California  Housing Market As of July 23rd 2007

There are presently 1194 SFR Properties on the Antioch Market.  

Of these 1075 are detached Single family homes. As of this date for the month of July the median price of sold detached homes is $416,000. The average price is $415,663. Both these numbers have gone down since June 24th 2007t.

Since July 1st there have been 23 sold homes or which 22 were detached single family residences and 36 properties have gone pending of which 31 were detached single family residences (entered into contract but not yet closed). In the previous month of June 2007 there were 42 homes sold in Antioch. As we enter into the last week of July the numbers have continued to decline from May.

It continues to be an excellent home buying market. For home buyers and investors that plan to hold onto the homes they purchase the time is NOW to buy. It would be prudent to have plans for a three to five year hold for home investors. For home buyers typically the average stay in a home is five years and this would make home buying a pretty safe investment. While I do not have a crystal ball housing trends going back to 1973 show that a five year hold for housing is a very safe bet.

Visit our website for investment information and 1031 exchange updates.

VISIT OUR WEBSITE AT http://www.morenoworkgroup.com/

Sold Residential Homes in Antioch as of  July 23rd, 2007

 

Type

Price Range

No. of Listings

Dollar Volume

Average Price

Median Price

Average DOM

Detached

$300,000 - $304,999

2

$600,000

$300,000

$300,000

52

$340,000 - $344,999

1

$340,000

$340,000

$340,000

10

$350,000 - $354,999

1

$354,900

$354,900

$354,900

18

$355,000 - $359,999

1

$355,000

$355,000

$355,000

54

$365,000 - $369,999

1

$365,000

$365,000

$365,000

98

$380,000 - $384,999

1

$380,000

$380,000

$380,000

33

$390,000 - $394,999

1

$392,000

$392,000

$392,000

83

$395,000 - $399,999

1

$395,000

$395,000

$395,000

4

$410,000 - $414,999

1

$412,200

$412,200

$412,200

25

$415,000 - $419,999

3

$1,249,000

$416,333

$417,000

31

$420,000 - $424,999

1

$422,000

$422,000

$422,000

21

$425,000 - $429,999

1

$425,000

$425,000

$425,000

37

$445,000 - $449,999

1

$445,000

$445,000

$445,000

28

$450,000 - $454,999

1

$450,000

$450,000

$450,000

50

$485,000 - $489,999

2

$974,500

$487,250

$487,250

53

$500,000 - $504,999

1

$500,000

$500,000

$500,000

52

$535,000 - $539,999

1

$535,000

$535,000

$535,000

29

$550,000 - $554,999

1

$550,000

$550,000

$550,000

49

Sub Total

22

$9,144,600

$415,664

$416,000

41

Condo

$235,000 - $239,999

1

$235,000

$235,000

$235,000

48

Sub Total

1

$235,000

$235,000

$235,000

48

 

Grand Totals

23

$9,379,600

$407,809

$415,000

41