Oakley is one of the most interesting markets in East Contra Costa County. Home Buyers can find excellent Homes in Oakley at great prices, but the market is up and down. These numbers are pulled from the MLS on May 11, 2009 and focus on Single Family Homes.
In April 58 homes sold in Oakley. The Average Price of those Oakley Homes sold was $212,066.00 and the Median Price was $197,500.00. The homes sold spent an average of 58 days on the market and the average price per SF was $109.00.
These March Figures are little different than Last Months Market Report due to late reporting on the MLS. In March 86 homes sold in Oakley. The Average Price of those Oakley Homes sold was $207,513.00 and the Median Price was $183,500.00. The homes sold spent an average of 59 days on the market and the average price per SF was $113.00.
The key figure to pay attention to is the average price per SF. The average price continues to drop slowly, but this is an up and down trend contrasted with the slight rise in the average and median price.
As of today there are 156 homes on the market. The average asking price is $283,934.00 and the median asking price is $259,950.00. The average home has been on the market 110 days and the average asking price per SF is $143.00. The number of homes on the market is a 3 month supply, which I would normally consider low, but is higher than the neighboring communities. Asking prices are high compared to selling prices and this probably accounts for much of the roller coaster.
Each home is unique and if you want an evaluation of your home please let me know.
If you are interested in Buying a Home or Selling a Home in Oakley or anywhere in East Contra Costa County, Brentwood, Antioch, Discovery Bay, Pittsburg and others please contact me. I specialize in helping buyers of Bank Owned Homes. For regular updates please subscribe to this blog.
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