Are Discovery Bay Home Price up in 2014?

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

Are Discovery Bay Home Price up in 2014?

Discovery Bay Homes are very popular. Discovery Bay has Golf Course Homes, Homes in Gated Communities, Homes with Deep Water Docks and more. This is a great community whose motto is “Live and Play in Discovery Bay.”

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

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

 

Period Number High Low Average Median DOM
Active April 2014 69 $2,299,000.00 $325,000.00 $742,594.00 $659,000.00 41
Sold March 2013 39 $999,000.00 $210,000.00 $420,880.00 $352,000.00 15
Sold March 2014 24 $855,000.00 $305,000.00 $491,412.00 $425,000.00 25

 

 

Discovery Bay Median Home Prices were up about 20% from one year to the next and I suspect prices will continue up. The Median days on market is 25 and there is about a three month supply of homes; indicating it is still a sellers market. In general Discovery Bay are some of the higher end homes in East Contra Costa County so prices increases are not up as fast as in other parts of East County.

Comments (3)

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 03:34 PM
David Saks
(retired) - Memphis, TN

Another fine post full of great information for all to enjoy.

Apr 22, 2014 12:49 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Bruce and Dave thanks for coming by and seeing me here in the Rain.

Apr 22, 2014 01:58 AM