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January 20, 2008

Lamorinda (Lafayette, Moraga, Orinda) CA Market Recap for December 2007

Here are the latest real estate market statistics for Lamorinda, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 38.1%*

Average November 2007 December 2007 % Change
Asking Price $1,082,457 $1,233,866 14.0%
Sales Price $1,055,635 $1,081,013 2.4%
% of Asking Price 98% 88% -10.2%
$/SQFT $495 $433 -12.5%
Days on Market 88 96 9.1%
Total Transactions 39 26 -31.6%

Search for homes in Lamorinda, CA and read a neighborhood overview of the Lafayette, CA, Moraga, CA, and Orinda, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 109 properties on the market with 36 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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