March 28, 2008

Austin, TX Area Market Recap for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the Austin, TX area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Austin $290,683 $276,440
Manor $164,282 $145,427
Pflugerville $163,715 $170,302
South Lake Travis $584,784 $444,862
Cedar Park $243,414 $199,207
Georgetown $257,785 $223,897
Hutto $149,148 $152,141
Leander $166,891 $164,497
Round Rock $304,748 $200,363
Taylor $151,523 $141,422


 
# Transactions Jan-08 Feb-08 #
Change
Austin 559 616
Manor 19 27
Pflugerville 65 95
South Lake Travis 26 17
Cedar Park 73 70
Georgetown 76 70
Hutto 19 34
Leander 49 62
Round Rock 148 157
Taylor 19 11

Search for Austin, TX homes and condos for sale.  Read neighborhood profiles for the greater Austin area served by ZipRealty.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 3-24-2008.

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Atlanta, GA Market Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Atlanta area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Canton $282,379 $281,822
Woodstock $216,610 $197,746
Cartersville $141,382 $141,258
Marietta $254,403 $245,695
Cumming $285,915 $283,626
Atlanta $332,199 $263,454
Alpharetta $515,367 $361,017
Lawrenceville $177,656 $189,001
Dallas $180,386 $175,411


# Transactions Jan-08 Feb-08 #
Change
Canton 43 28
Woodstock 31 38
Cartersville 18 19
Marietta 134 123
Cumming 60 73
Atlanta 250 278
Alpharetta 59 61
Lawrenceville 93 67
Dallas 52 35

Search for Atlanta, GA homes and condos for sale. Read more about homes and neighborhoods in the Atlanta area.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 3-24-2008.

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Miami-Palm Beach, FL Area Market Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Miami - Palm Beach, FL area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Bal Harbour $503,818 $319,622
Miami $330,285 $334,745
Boca Raton $585,916 $444,240
Delray Beach $311,617 $268,583
Jupiter $490,207 $374,946
Lake Worth $241,391 $257,557
Palm Beach Gardens $361,678 $521,919
Wellington $568,422 $851,853
West Palm Beach $305,367 $200,342


# Transactions Jan-08 Feb-08 #
Change
Aventura 39 45
Miami 268 255
Boca Raton 134 172
Delray Beach 84 103
Jupiter 41 64
Lake Worth 45 75
Palm Beach Gardens 40 55
Wellington 38 45
West Palm Beach 81 93

Search for Miami, FL homes and condos for sale. Read more about homes and neighborhoods in the Miami, FL area.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 3-24-2008.

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March 27, 2008

Miami, FL (Broward County) Area MLS Update for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Miami, FL area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Coral Springs $338,624 $292,003
Fort Lauderdale $591,528 $443,604
Hollywood $241,007 $321,294
Miramar $301,659 $324,535
Pembroke Pines $246,624 $221,834
Pompano Beach $229,297 $235,203
Sunrise $147,457 $129,131 &dSarr;
Weston $543,289 $525,598


# Transactions Jan-08 Feb-08 #
Change
Coral Springs 51 60
Fort Lauderdale 123 119
Hollywood 86 74
Miramar 44 45
Pembroke Pines 76 63
Pompano Beach 78 86
Sunrise 40 56
Weston 32 45

Search for Miami, FL homes and condos for sale. Read more about homes and neighborhoods in the Miami, FL area.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 3-24-2008.

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Tampa-St. Petersburg, FL Area Market Recap for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Tampa/St. Petersburg, FL area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Tampa $307,428 $278,491
Riverview $209,141 $206,883
New Port Richey $173,707 $136,063
Wesley Chapel $255,695 $262,059
Spring Hill $145,595 $155,984
Clearwater $189,875 $210,893
Dunedin $189,926 $206,322
Largo $186,510 $163,434
Palm Harbor $280,469 $258,327
Saint Petersburg $293,784 $294,248
Tarpon Springs $259,939 $230,473


# Transactions Jan-08 Feb-08 #
Change
Tampa 270 285
Riverview 68 49
New Port Richey 59 46
Wesley Chapel 45 37
Spring Hill 18 19
Clearwater 167 206
Dunedin 35 53
Largo 96 93
Palm Harbor 98 115
Saint Petersburg 382 304
Tarpon Springs 31 40

Search for homes in the Tampa-St. Petersburg, FL area.  Read an overview of  Tampa - St. Petersburg, FL neighborhoods served by ZipRealty.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3-24-2008.

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Naples, FL Area Market Recap for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Naples, FL area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Naples $675,589 $720,304
Bonita Springs $729,580 $527,872
Cape Coral $259,840 $241,790
Fort Myers $272,857 $277,179
Lehigh Acres $160,952 $133,694
Marco Island $908,360 $669,761


# Transactions Jan-08 Feb-08 #
Change
Naples 256 280
Bonita Springs 4 6
Cape Coral 152 212
Fort Myers 127 226
Lehigh Acres 49 65
Marco Island 25 23

Search for homes in the Naples, FL area.  Read a neighborhood profile information for the greater Naples, FL area.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/24/2008.

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March 26, 2008

Fresno, CA Area Market Conditions Report for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Fresno/Bakersfield, CA (Central Valley South) area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Fresno $265,547 $243,503
Clovis $324,428 $322,982
Bakersfield $237,193 $247,613
Madera $264,411 $253,297
Los Banos $214,293 $206,038
Merced $197,250 $189,470
Atwater $249,533 $163,125


# Transactions Jan-08 Feb-08 #
Change
Fresno 201 193
Clovis 70 54
Bakersfield 221 236
Madera 18 25
Los Banos 29 21
Merced 22 21
Atwater 12 4

Search for Fresno/Bakersfield, CA (Central Valley South)homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 3/24/2008.

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March 25, 2008

Los Angeles, CA Market Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Greater Los Angeles County area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Arcadia $829,714 $801,196
Burbank $550,632 $584,321
Calabasas $1,171,813 $1,688,143
Canyon Country $401,667 $461,436
Carson $508,006 $397,768
Glendale $660,628 $666,520
Lancaster $230,663 $242,324
Long Beach $449,727 $461,456
Northridge $546,544 $607,285
Palmdale $283,688 $277,983
Pasadena $907,044 $741,907
Redondo Beach $889,330 $807,783
Sherman Oaks $795,804 $778,948
Torrance $579,777 $533,160
West Covina $598,817 $463,267
Whittier $504,846 $437,205
Woodland Hills $584,483 $614,625


# Transactions Jan-08 Feb-08 #
Change
Arcadia 28 31
Burbank 57 42
Calabasas 16 14
Canyon Country 36 34
Carson 25 19
Glendale 60 44
Lancaster 113 101
Long Beach 112 130
Northridge 40 45
Palmdale 88 76
Pasadena 52 45
Redondo Beach 38 30
Sherman Oaks 22 30
Torrance 70 40
West Covina 24 30
Whittier 44 54
Woodland Hills 39 32

Search for Greater Los Angeles, CA homes and condos for sale. Read a neighborhood overview for Los Angeles & San Fernando Valley.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/24/2008.

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Orange County, CA Area Market Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Greater Los Angeles - Orange County area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
Anaheim $416,012 $404,786
Costa Mesa $563,350 $587,869
Fullerton $477,317 $544,378
Huntington Beach $680,377 $621,803
Irvine $701,981 $732,648
Laguna Woods $235,565 $243,362
Newport Beach $1,867,148 $1,825,267
Rancho Santa Margarita $520,271 $527,947
San Clemente $914,844 $799,128
Santa Ana $394,598 $379,217
Yorba Linda $911,414 $771,364


# Transactions Jan-08 Feb-08 #
Change
Anaheim 59 67
Costa Mesa 27 32
Fullerton 38 45
Huntington Beach 63 103
Irvine 80 70
Laguna Woods 43 42
Newport Beach 23 27
Rancho Santa Margarita 38 30
San Clemente 31 35
Santa Ana 53 49
Yorba Linda 29 22

Search for Orange County homes and condos for sale. Read neighborhood overview for Orange County.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/24/2008.

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San Diego, CA Area MLS Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater San Diego, CA area served by ZipRealty:

Average Sales Price Jan-08 Feb-08 $
Change
San Diego $553,390 $518,490
Carlsbad $608,996 $683,793
El Cajon $403,246 $386,494
Encinitas $1,035,438 $942,439
Escondido $358,743 $405,798
La Jolla $1,610,420 $1,560,856
La Mesa $449,771 $408,873
Oceanside $407,699 $368,677
San Marcos $494,229 $429,897
Rancho San Bernardo $597,165 $571,227
Spring Valley $312,638 $304,544
Vista $441,882 $425,459


# Transactions Jan-08 Feb-08 #
Change
San Diego 1,332 1,352
Carlsbad 47 71
El Cajon 55 57
Encinitas 24 27
Escondido 45 76
La Jolla 28 30
La Mesa 31 24
Oceanside 76 93
San Marcos 42 52
Rancho San Bernardo 59 53
Spring Valley 35 18
Vista 39 43

Search for homes in the San Diego, CA area. Read detailed neighborhood profiles in San Diego, CA

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/24/2008.

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March 24, 2008

Home Buying Tips, pt. 2

This is the second of a two-part post on tips for buying a home.  Doing your homework will better prepare you in making your dream home a reality.

Research Neighborhoods. Look for neighborhood profiles in the general areas that you are considering. If you are looking to purchase a condo, seek out such information as HOA fees and restrictions. If possible, check with neighbors.  Also, look at nearby conveniences such as  distance to grocery stores, medical facilities, education and day care facilities, religious institutions and distance to your work. Make sure that these places are within an acceptable commute.

You may also want to research local transit options to major shopping and employment centers.  When searching for your new home, make sure to look for links to nearby transit stops. Moreover, a quick search on your favorite search engine for your "city + transit", should lead you in the right direction.

Check out Schools.  If you have school-aged children, make sure to check out the local public school district.  Find out recent test scores in your area, along with teacher to student ratios.  Even if you don't have children, you will find that areas with excellent school districts  are an attractive option for a home's resale value, as well. 

Buying Checklist. When viewing beautiful homes for sale, you may forget to make sure that the kitchen faucet doesn’t drip. A printable buyer’s checklist can help you remember questions to ask when buying a home and things to look for during your tour.  Make sure to take along your digital camera on tours (do ask permission to take pictures!) so that you will have a visual reminder of each property.

If you will be working from home, make sure to factor in your new workspace. Make sure that your high-tech needs can be met. Have a qualified electrician inspect the wiring of the house to see if the system can handle the extra power load that your home office requires. Some older homes may need significant upgrades to handle the extra power, while newer homes are built with more energy-efficient systems to handle the additional power along with heating/air conditioning requirements.

Get a Home Inspection! A home inspector can point out potential problems that could cost you big money down the road. While this may be an additional up front-fee, it is worth it in the long run.

Know recent prices that homes in the area. Make sure to research market conditions for other homes in the area before making an offer so that your bid is in line with similar sales in the neighborhood.  Use an offer comparison tools to see if your offer will be comparable to other selling prices for a particular neighborhood.  This will save you time, so that you can focus your offers based in your specific price range and budget.

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Home Buying Tips, pt. 1

Whether you are a first time homebuyer or you are a seasoned real estate pro, buying a home is always a big decision. This two-part post will give you some valuable tips before starting your home buying search.

Check your credit scores.
  Before you start your home search, get copies of your credit report and check for any inaccuracies and fix any problems that you find. This step may delay your actual purchase for an amount of time, but will significantly help you save a lot of money down the road with improved interest rates. 

How Much Can You Afford?
The price of the home that you can afford depends on many factors including your income, expenses, and credit scores. In addition to using mortgage calculators, make sure to check with your financial advisor for help determining a price that is comfortable for you, that will allow you to comfortably pay for your mortgage and includes all of your other living and entertainment expenses.

Find a Good Agent. The professional help of a real estate agent can really help in the buying process. Make sure to evaluate references of previous clients and make sure that he or she is responsive and available to you. You may not know exactly what you want in terms of a new home, and your agent should work with you to determine your needs and help you find a property that meets your immediate and future needs. Your agent should be familiar with the area where you plan to move. Talk to your family and friends for successful agent referrals. Ask them how satisfied they were with his/her services and if they would use them again.

Your agent will work with you through the entire home buying process, from start to finish. Your can offer valuable guidance and negotiate on your behalf with the seller.  Your agent will also work on necessary contracts, agreements, and work with all of the required and inspections for a smooth closing.   

Get pre-approved for a loan. This step shows sellers that you are really serious about buying their real estate and that you are financially able to do so. Pre-approval simply means that you have worked with a lender to determine the maximum loan amount that you can obtain with that lender. Pre-approved buyers have several advantages, including increased negotiating power, since the seller knows that you can complete the transaction.   This important step can make a difference when sellers are considering your offer.

Even if you don’t have the traditional 20% down payment for a new home, there are many home buying programs available that may offer some assistance.  Research available mortgage programs with your financial expert, mortgage broker, or talk with your real estate agent.

The next segment will cover the next steps to take once you've decided that now is the time to buy.

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March 20, 2008

Ventura County, CA MLS Recap for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Ventura County area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Camarillo 28 $535,629 24 $726,542
Newbury Park 16 $588,063 20 $640,200
Oxnard 53 $558,358 35 $489,104
Simi Valley 69 $517,810 77 $492,957
Thousand Oaks 57 $632,061 39 $1,267,723
Ventura 44 $562,585 22 $680,136

Search for Greater Los Angeles, CA homes and condos for sale. Read a neighborhood overview for Ventura County and the San Fernando Valley.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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Riverside, CA Area Market Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Greater Los Angeles - Riverside County area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Beaumont 19 $279,959 25 $266,335
Cathedral City 30 $317,353 33 $292,024
Corona 132 $421,181 136 $398,158
Hemet 54 $234,902 71 $229,063
Indio 38 $322,958 56 $359,878
La Quinta 66 $751,816 72 $690,643
Moreno Valley 89 $256,301 118 $248,209
Murrieta 88 $362,830 132 $382,167
Palm Desert 90 $635,812 93 $474,718
Palm Springs 67 $408,202 72 $500,028
Rancho Mirage 38 $948,039 41 $815,561
Riverside 115 $357,367 121 $334,748
San Jacinto 40 $223,777 30 $216,246
Temecula 76 $449,938 89 $398,499

Search for San Gabriel Valley: Riverside, Corona, Palm Springs, Palm Desert and Temecula homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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San Bernardino, CA Area MLS Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Greater Los Angeles - San Bernardino area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Apple Valley 47 $71,474 66 $71,507
Fontana 42 $353,371 71 $343,739
Hesperia 58 $72,369 51 $86,661
Ontario 22 $339,945 33 $303,164
Rancho Cucamonga 37 $486,485 64 $442,090
San Bernardino 61 $244,211 64 $215,887
Victorville 98 $95,569 102 $65,415
Yucaipa 25 $366,612 27 $301,644

Search for San Gabriel Valley & Inland Empire homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/18/2008.

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March 19, 2008

Tucson, AZ Area Market Update for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Tucson, AZ area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Central Tucson 73 $208,352 105 $197,529
Marana 25 $362,128 25 $258,176
Oro Valley 37 $370,201 44 $419,089
Sahuarita 13 $184,243 19 $195,389
East Tucson 40 $266,050 53 $209,589
North Tucson 56 $545,396 47 $649,241
Northwest Tucson 77 $236,412 93 $245,384
Southeast Tucson 49 $217,180 53 $225,901
Southwest Tucson 27 $180,369 38 $177,023
West Tucson 27 $273,789 37 $248,434
Vail 20 $265,032 21 $322,327

Search for homes in Tucson, AZ and read detailed neighborhood profiles of the Tucson, AZ area.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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Phoenix, AZ Market Update for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the Baltimore area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Phoenix 571 $323,844 613 $293,974
Anthem 33 $314,230 33 $329,173
Avondale 46 $207,613 84 $201,725
Buckeye 48 $258,086 71 $197,000
Fountain Hills 44 $615,014 47 $599,002
Gilbert 156 $286,460 208 $293,849
Glendale 136 $239,919 145 $231,177
Mesa 257 $252,352 319 $223,978
Peoria 86 $287,896 125 $280,441
Paradise Valley 12 $2,282,500 10 $1,944,800
Scottsdale 291 $612,997 333 $635,753
Sun City 65 $164,502 102 $156,695
Surprise 140 $241,157 156 $240,626
Tempe 63 $267,252 69 $264,149
Tolleson 22 $188,299 29 $186,108

Search for Phoenix, AZ homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 3-17-2008.

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Dallas, TX Market Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Dallas - Fort Worth, TX area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Dallas 600 $234,440 639 $413,140
Fort Worth 398 $138,231 470 $148,135
Arlington 212 $130,404 242 $134,609
Plano 159 $240,234 196 $230,573
McKinney 124 $232,815 146 $217,910
Frisco 87 $266,505 63 $317,224
Allen 72 $240,442 104 $227,402
Keller 44 $333,388 70 $274,731
Mesquite 83 $101,335 107 $93,777
Irving 98 $167,639 96 $188,460
Grand Prairie 35 $141,195 43 $168,812
Garland 132 $108,943 147 $105,261
Desoto 59 $130,504 60 $137,505

Search for homes in the Dallas-Fort Worth (East) area or homes in Dallas-Fort Worth (West). Read detailed neighborhood profiles in Dallas-Fort Worth, TX.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/18/2008.

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March 18, 2008

San Francisco, CA Market Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater San Francisco, CA city served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
San Francisco 234 $990,658 285 $930,600
Bernal Heights 12 $789,292 9 $820,920
Inner Mission 14 $668,071 7 $598,357
Noe Valley 8 $1,119,813 15 $1,215,367
Pacific Heights 13 $1,096,508 7 $871,143
Russian Hill 5 $2,431,000 9 $,176,667
South Beach 9 $859,940 7 $1,010,000
South of Market 11 $995,123 14 $772,449

Read detailed neighborhood profiles in San Francisco Bay Area, CA.

Search for San Francisco, CA homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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San Francisco North Bay: MLS Update for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater San Francisco Bay Area (North Bay) area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Napa 28 $548,091 25 $588,290
Mill Valley 13 $1,494,396 12 $1,092,896
Novato 14 $661,143 26 $662,375
San Rafael 21 $1,167,090 30 $996,122
Tiburon 6 $3,544,667 6 $2,592,039
Petaluma 23 $773,783 25 $461,800
Santa Rosa 79 $493,942 83 $428,244
Fairfield 26 $285,940 36 $330,689
Vacaville 32 $368,374 39 $412,084
Vallejo 51 $321,621 32 $345,981

Read detailed neighborhood profiles in San Francisco Bay Area, CA.

Search for North Bay homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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SF Peninsula MLS Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater San Francisco Bay Area - Peninsula area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Burlingame 10 $1,084,800 9 $1,132,000
Daly City 20 $621,500 30 $559,007
Foster City 13 $788,692 15 $937,207
Menlo Park 13 $1,466,692 25 $1,851,800
Pacifica 13 $603,867 20 $665,340
Redwood City 26 $929,583 35 $1,036,676
San Bruno 14 $493,000 24 $442,608
San Carlos 20 $1,135,800 14 $1,131,135
San Mateo 26 $861,019 42 $779,623
South San Francisco 24 $540,690 21 $555,998

Read detailed neighborhood profiles in San Francisco Bay Area, CA.

Search for SF Bay Area Peninsula homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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March 17, 2008

Silicon Valley/Bay Area MLS Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater San Francisco Bay Area (Silicon Valley) area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
San Jose 271 $669,407 230 $676,621
Cupertino 13 $970,591 25 $1,139,200
Palo Alto 17 $2,115,941 22 $1,594,441
Milpitas 14 $606,143 13 $716,192
Mountain View 22 $722,792 29 $767,371
Santa Clara 33 $616,009 53 $659,888
Sunnyvale 23 $736,721 45 $783,013
Saratoga 21 $1,653,452 21 $1,693,271
Santa Cruz 28 $799,272 20 $697,104
Hollister 11 $451,227 16 $371,769

Read detailed neighborhood profiles in San Francisco Bay Area, CA.

Search for Silicon Valley/San Jose - South Bay homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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SF East Bay MLS Snapshot for February 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater San Francisco Bay Area (East Bay) area served by ZipRealty:

City January #Sales Jan-2008
Average Sales Price
February #Sales Feb-2008
Average Sales Price
Alameda 18 $652,661 22 $584,318
Fremont 82 $791,932 94 $628,749
Livermore 28 $570,821 44 $665,541
Hayward 28 $430,938 39 $408,608
Oakland 91 $452,775 104 $513,861
Antioch 40 $361,344 63 $320,768
Concord 52 $389,087 75 $367,465
Pittsburg 20 $315,040 25 $290,904
Richmond 28 $392,598 31 $385,929
San Ramon 44 $765,945 39 $707,597
Walnut Creek 35 $730,305 39 $682,424

Read detailed neighborhood profiles in San Francisco Bay Area, CA.

Search for East Bay homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/2008.

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March 14, 2008

Home Staging Defined

Just what is Home Staging?  Home staging is what happens after you have cleaned out the clutter, painted, and patched holes in the walls. Staging a home for sale is preparing the house with extra decorative touches that entice potential buyers.  Professional home stagers are artists who can accentuate a home’s positive characteristics.  Some common “props” can be:

  • Mirrors
  • Plants
  • Rugs
  • Pillows
  • Lamps
  • Furniture
  • Towels tied with ribbons
  • Baskets
  • Scented Soaps

Home stagers can do just about anything using existing furniture or bringing in rented furniture and arranging it in a more advantageous setting to adding unique decorations to mantels and bookshelves that the buying public would find appealing. Not only do these professionals accentuate the inside of a home, but they can also create outdoor curb appeal for that all important first impression. 

What are the fees for home staging services?   It depends on your home and your needs.  Some home staging companies will offer free estimates. Get several estimates and talk to your real estate agent for references. Some home stagers charge by the hour and others charge a set fee. Fees can range from $500 to $10,000 dollars depending on the extent of services supplied and the area of the country where the staging services are provided.

Is this something that my house needs?  Talk to your real estate agent. Sometimes the return on the home may not be worth the investment of a professional home stager’s expertise. Find out up front what the stager is planning to bring in and at what cost. The specialist cost should balance with the expected benefit of a higher selling price.

March 13, 2008

Tips to Sell Your Home Faster - Part 2

The following post is from a guest writer, Kathy Wells:

The for sale sign was only in my yard one week when my house sold! In my last post, I shared the first five secrets that can get your home sold fast. Ready for the rest of the home selling tips?  Some of these may really surprise you!

Scented candles
Some scents remind us of home like homemade pie or coffee. Our agent suggested having one of these candle scents in our house to stir this kind of emotional attachment in buyers.

Make your house look like a model home!

  • Wash windows
  • Pressure-wash the house and driveway
  • Sweep porches and sidewalks
  • Re-caulk tubs, showers, and sinks
  • Vacuum daily
  • Dust regularly
  • Hang fresh towels
  • Replace worn looking rugs and comforters

Closets and drawers
Buyers want lots of storage space, so make sure that every bit of this out of sight space is enticing for buyers -– they will look! Clean out drawers and organize closets.  You may want to rent a storage facility  for unneeded furniture, such as cleaned-out bookshelves, table leafs, etc.

Listen to your real estate agent!   Our agent didn’t advise this, but I am. Each home is unique and your agent can offer their own personal tips from experience that will get your house sold fast.

To keep your move as low stress as possible, check out  this handy “Moving Checklist Generator” with a personalized step-by-step list of moving tasks. This printable list is designed to guide you before, during, and after your move. The move planner also has money-saving coupons and special offers that could save you hundreds in your move.

Unfortunately, I can’t guarantee that these tips will get your home sold in 7 days like mine, but all of these tips are a must when selling your home. These tips combined with your agent's expert knowledge may have a sold sign on your home in no time!

 Kathy is a freelance writer from central Florida.  Kathy’s work can be seen both in print and online publications on topics including human interest articles, biographies, and real estate.

March 12, 2008

Tips to Sell Your Home Faster - Part 1

The following post is from a guest writer, Kathy Wells:

In this two-part post, I will share with you the secrets to selling a home fast that our Zip Agent shared with us. With a little preparation, your home could be in high demand, too.  Here are the first five tips that sold our house in one week:

Fresh paint inside and out.
This one step made the house look new!  Neutral paint inside is more pleasing to buyers.

Remember Curb Appeal!

  • Clean