Home Real Estate Real Estate: East Contra Costa County Continues to See Home Values Increase

Real Estate: East Contra Costa County Continues to See Home Values Increase

by ECT

Monica Malcuit

Real estate continues to provide value in East Contra Costa County as prices trend upward. The current market currently has 630 single-family detached homes available—a 25% increase since April.

According to Monica Malcuit, Signature Partners Realty, when looking at the figures, the market is seeing a slow but steady rise in values. With more homes on the market, it also means its excellent news for buyers because with more inventory available it means less competition.

Malcuit provided the following breakdown of inventory, current list prices, and quarterly sales.

City

Inventory

Median list price

1st quarter sales

2nd quarter sales

3rd quarter sales

Antioch

238

$ 345,000.00

$ 300,000.00

$ 319,975.00

$ 325,000.00

Brentwood

170

$ 528,925.00

$ 415,500.00

$ 439,000.00

$464,500.00

Discovery Bay

74

$ 684,450.00

$ 425,833.00

$ 457,000.00

$ 477,100.00

Oakley

53

$ 374,950.00

$ 320,000.00

$ 347,000.00

$ 350,000.00

Pittsburg

79

$ 320,000.00

$ 305,000.00

$ 320,500.00

$ 319,500.00

Here’s the breakdown of the types of financing utilized in transactions this year.

  • 47% conventional
  • 27% FHA
  • 8% VA
  • 18% cash

Malcuitrealty

For more information about Monica Malcuit and Signature Partners Realty, visit www.antiochhomesalesguide.com or contact Monica at (925) 784-0214 or via email at
[email protected].

You may also like

2 comments

Dale Sep 16, 2014 - 8:09 am

Nice to see the Cash Deals being a smaller percentage of sales, we need more first time and move up buyers!!

Chuck Oct 6, 2014 - 6:14 pm

Higher prices more tax revenue for the firefighters. Lookin good. We are on a come back.

Comments are closed.