Contra Costa County Homes Sold Report February 2015

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Contra Costa County Citywise Report for February 2015

The actual numbers show homes sold in Feb 2015 was less than Feb 2014.Noticeable trends were lack of inventory,buyer cool off and a comparatively stable pricing compared to Feb 2014.Average SP/LP % ( Sales Price/List Price %) in Feb 2014 was 101.41% and average SP/LP% in Feb 2015 was 101.40%.The average listing days last Feb 2014 was 80 Days. This moved  up to 84 Days in Feb 2015.Average price in Feb 2014 was $677,384. Average price in Feb 2015 was higher at $678,454.

Contra Costa County Citywise  Homes Sales

Number of homes sold was analyzed for 23 cities.

    • 17 cities saw a drop or equal in volume  compared to corresponding period in Feb 2014.
    • 11 cities also saw a drop in volume in Feb 2015 compared to Jan 2015.
    • On the flip side 8 cities saw an increase or equal in volume in Feb 2015 compared to Feb 2014.
    • Total homes sold in Feb 2014 was 773, Jan 2015 was 696 and Feb 2015 was 644.
    • Noticeable trends were lack of inventory,buyer cool off and a comparatively stable pricing compared to Feb 2014.

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Contra Costa County Cities

      • 10 out of 23 cities evaluated had sales closings at over asking price in Feb 2015.
      • The situation was different in Feb 2014 with 18 out of 21 cities havings sales over asking.
      • Average SP/LP % ( Sales Price/List Price %) in Feb 2014 was 101.41% and average SP/LP% in Feb 2015 was 101.40%.

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Contra Costa Cities Days on Market ( DOM)

        • Listings in 9 of 25 cities reviewed took equal or less time to sell, as compared to listings sold in Feb 2014.
        • Listings in Crockett (146), Lafayette (114), Orinda (109 and Rodeo (104) took more than 100 days to sell.
        • All other cities fell between  an average between 50-99 days.
        • The average listing days last Feb 2014 was 80 Days. This moved  up to 84 Days in Feb 2015.

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Contra Costa County Citywise Average Prices

          • Citywise Average sales price was analysed for 23 cities in Contra Costa county for last 1 year.
          • 19 cities out 23 saw a price increase in Feb 2015  compared to last Feb 2014.
          • However, Antioch, Baypoint, Blackhawk, Clayton, El Cerrito, Hercules, Martinez, Pinole and Pleasant Hill saw small price drops compared to previous month of Jan 2015.
          • Average price in Feb 2014 was $677,384. Average price in Feb 2015 was higher at $678,454.

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