Contra Costa County Homes Sold Report December 2014


Contra Costa County Citywise Report for December 2014

The actual numbers show homes sold in Dec 2014 was less than Dec 2013.However, looking closely at the Sales Price/List Price % and Days on market shows that the market is very much a sellers market.Buyers were chasing less inventory and offering way over asking prices to get into contract.It took less days to sell a home as compared to Dec 2013.

Contra Costa County Citywise  Homes Sales

Number of homes sold was analyzed for 24 cities.

  • 11 cities saw a drop or equal in volume  compared to corresponding period in Dec 2013.
  • 11 cities also saw a drop or equal in volume in Dec 2014 compared to Nov 2014.
  • On the flip side 15 cities saw an increase or equal in volume in Dec 2014 compared to Dec 2013.
  • Total homes sold in Dec 2013 was 967, Nov 2014 was 945 and Dec 2014 was 966.
  • Overall: No major change in number of units sold.

CC Sold

Contra Costa County Cities

  • 9 out of 24 cities evaluated had sales closings at over asking price in Dec 2014.
  • The situation was different in Dec 2013 with 13 out of 24 cities havings sales over asking.
  • Average SP/LP % ( Sales Price/List Price %) in Dec 2013 was 99.93% and average SP/LP% in Dec 2014 was 100.27%.
  • Overall:  Buyers offered over asking price,due to lack of inventory.


Contra Costa Cities Days on Market ( DOM)

  • Listings in 18 of 26 cities reviewed took equal or less time to sell, as compared to listings sold in Dec 2013.
  • Listings in Brentwood (110), Discovery Bay (127), Orinda (116) and Richmond (100) took more than 100 days to sell.
  • All other cities fell between  an average between 50-99 days.
  • The average listing days last Dec 2013 was 92 Days. This moved  down to 81 Days in Dec 2014.


Contra Costa County Citywise Average Prices

  • Citywise Average sales price was analysed for 24 cities in Contra Costa county for last 1 year.
  • All cities except Rodeo saw a price increase in Dec 2014  compared to last December 2013.
  • However, Alamo, Antioch, Blackhawk, Danville, Discovery Bay, Lafayette, Moraga, Oakley, San Pablo and San Ramon saw small price drops compared to previous month of Nov 2014.
  • Average price in Dec 2013 was $543,699. Average price in Dec 2014 was a higher at $591,090.




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