Living in Contra Costa County: California: Discovery Bay

Discovery Bay Deep Water Dock Homes – January 2012 is the Time to Buy!

Deep Water Dock Homes are the most popular homes in Discovery Bay and honestly it is Deep Water that makes Discovery Bay into Discovery Bay. Deep Water Dock Homes provide water front living for year around recreation including, boating, fishing, water skiing, swimming and much more.

Discovery Bay provides many other amenities, including Golf Course Homes and Gated Communities.

Although Discovery Bay Living offers both Vacation Homes and Year Round Living I find it odd that people prefer to buy their Deep Water Dock Home in the Summer rather than grab a bargain in the Winter and have the home ready for fun when the weather gets warmer.

Although Discovery Bay Homes are eclectic in nature with a wide range of prices. Relatively small numbers of sales make it hard to discern patterns; but from this chart one thing is clear – sales drop off in the Fall and in the Winter – making those excellent times to buy.

Take a look at these fantastic Discovery Bay Deep Water Dock Homes and give me a call at 925-260-4321! 

Now is the Time to Buy Your Deep Water Dock Home in Discovery Bay!

I am going to give you 3 Reasons Why Now is the Time to Buy:

1. Interest Rates have not been this low in the life time of most of us.  Most of us also understand that these rates will not last and inflation may be on the way.
   
   
2.  We have an unbelievable combination of not only Low Interest Rates but Low Prices with Homes at Prices we have not seen in over 10 years in some cases.  Rarely do you get this combination of Low Interest Rates and Low Prices.
   
   
3. It is Raining Cats and Dogs out!  Why does it make a difference if it is raining?  Because for some reason people do not realize that owning a Deep Water Dock Home in Discovery Bay is a 365 Day a Year Experience and some how only get the urge to buy a Deep Water Dock Home when the weather is nice.  Well people still have to sell these homes in winter and now some are getting more flexible.

Take a Look at These Homes - Then Take a Look at some of the Numbers Below - Then Contact Me!

Right now there are 28 Deep Water Dock Homes on the Market in Discovery Bay priced from $169,000.00 to $2,790,000.00.  They have been on the market 178 days on average and are priced at $281.25 per SF on Average.

In August 7 homes sold from $395,000.00 to $873,000.00 after spending an average of 68 Days on the Market and at an average price of $221.84 per SF.

In September only 3 Deep Water Dock Homes sold with prices of $300,000.00 to $450,000.00 after an average of 46 Days on the Market and at an average price per SF of $187.07.

What's Happening?  People are Waiting till summer to buy!  So get a deal - Buy Now!  The Best Bargains are on the higher end homes.

The Lakes in Discovery Bay

The Lakes is an excellent gated community in Discovery Bay featuring two large man made lakes (with another coming) and a great community.

The Lakes has many large executive style homes as well as entry level homes.  There is still new home construction in The Lakes in Discovery Bay. 

Homes in The Lakes at Discovery Bay are very affordable for large luxurious homes.  There are community walking trails around the lakes and parks.

The Lakes at Discovery Bay is truly an excellent community at a very affordable price.

Take a Look at this home in The Lakes at Discovery Bay and Let Me know if you want to see any of them or other nearby communities.

Deep Water Dock Homes in Discovery Bay

Discovery Bay is about Deep Water Dock Homes.  Who wouldn't want to have a boat right out back at your own Deep Water Dock with beautiful Delta Views.  You no longer have to Go boating, fishing, or swimming - You will live Boating, Fishing and Swimming in Discovery Bay with your Deep Water Dock Home.

Deep Water Dock Homes are selling faster with summer here.  There are a number of them on the market, but lower priced ones in Good Condition move Fast.  Deep Water Dock Homes range from Small Ranch Style Homes (With a Deep Water Dock in the back yard) to Large Estate Homes and Mansions. 

Sales figures vary widely from month to month in Discovery Bay, especially for Deep Water Dock Homes due to the eclectic nature of the market and the relatively small number of sales. 

Right Now there are 34 Deep Water Dock Homes for Sale priced from $2,790,000.00 down to $375,000.00 with an average asking price of $279.68 per SF.

In July 8 Deep Water Dock Homes sold ranging from $337,500.00 to $630,000.00 with an average price per SF of $202.21. 

Look at those figures on Deep Water Dock Homes and Look at some of the Homes and you will get an idea of the nature of this market.  But if you really want to understand this market you need to give me a call and let's get out and see some of the homes.

Selling a Deep Water Dock Home in Discovery Bay - What is your Curb Appeal?

I show lots of Deep Water Dock Homes in Discovery Bay  most of them are on the MLS with a photo of the front of the house as the lead picture.  There is also a picture of the Deep Water Dock.

Some of these pictures of the front of the home in Discovery Bay with Deep Water Docks look pretty nice - most are OK - and some are a down right turn off.  

But no matter how nice that picture of the Front of your Discovery Bay Deep Water Dock Home looks you are making a big mistake!  Now 99% of the time when I look at homes on line if the lead picture is not of the front of the home or there is no picture at all this screams RED FLAG to me.

However, no one Buys a Discovery Bay Deep Water Dock Home based on curb appeal - they buy it on Dock Appeal!  Now I don't want to say that a good curb appeal is a waste.  I think you should make every part of your home look it's best to get it sold.  

The best lead picture for a Discovery Bay Deep Water Dock Home is a picture of the Dock.  And the Best Picture of the Deep Water Dock Home is not from the deck or the back porch - Take it from a boat or the opposite shore.

Think about Discovery Bay at Christmas or the 4th of July, where are the decorations.  Where is everyone spending time?  They are all out on the docks or out on the boats looking at the Homes with Deep Water Docks.

If you are Selling a Deep Water Dock Home in Discovery Bay there are two things you should do right off the bat:

1. Call Home Point Real Estate for a Free Home Evaluation of your Deep Water Dock Home and to here how we can help you sell your home.
   
   
2. Get a great picture of your Deep Water Dock Home from the Water. 

Buying a Home in Discovery Bay

Many people are thinking about Buying a Home in Discovery Bay - Well it is time to stop thinking about Buying a Home and actually Buy a Home.

Prices are low and interest rates are low Buying a Home is as easy and affordable as it has ever been. Discovery Bay is popular with people Buying a Home for many reasons. Discovery Bay is the East Contra Costa Counties recreational community - a great place for the weekend and a great place to live full time. Discovery Bay offers affordable luxury homes in nice neighborhoods, fine parks, new schools, golf course homes, High end luxury homes, gated communities; and Best of All Homes with Deep Water Docks to help you enjoy the many exciting Delta Water Recreation Activities like Boating, Fishing, Water Skiing and Swimming.

If you are looking at Buying a Home in Discovery Bay or beyond call Gene with Home Point Real Estate or e-mail me directly.

Homes for Sale at The Lakes in Discovery Bay!

The Lakes in Discovery Bay is an exciting new gated community in Discovery Bay California - Contra Costa Counties leading recreational community.

The Lakes in Discovery Bay is called the Lakes because basically it is a community built around two large lakes with a 3rd on the way.  Most of the Homes for Sale in the Lakes are larger executive style homes.

If you are looking for a large Home for Sale at an affordable price in a very upscale community The Lakes is for you.

This chart looks at trends with Homes for Sale in The Lakes in Discovery Bay with Active Homes for Sale and Homes Sold over the past year.

As you can see prices are reasonable and there is a decent amount of Homes for Sale at The Lakes in Discovery Bay.  Looking at the numbers above or the Chart Below we can see that Prices Per SF on average have gone up and down a little but over the course of a year are level.

A final factor I like to look at when determine the value of Homes for Sale at The Lakes in Discovery Bay is the size of the home.  The bigger the home the more value you get per SF on average.  This chart looks at average price per SF based on the size range of the homes.

Remember each home is individual and price will vary based on condition, location, and other Market factors. 

Please Let Us Know if you are interested in Homes for Sale at The Lakes in Discovery Bay or any other areas and we will send you some information and list of Active Homes for Sale.

Discovery Bay Deep Water Dock Homes for Sale!

Deep Water Dock Homes are one of the best reasons to live in Discovery Bay.  Discovery Bay is for Boaters and what better way to live a Boating Lifestyle than with a Deep Water Dock Home in Discovery Bay.

Discovery Bay is a charming and eclectic community with a wide style and size of homes.  There are many unique custom built homes.  This is great for someone looking at Discovery Bay Deep Water Dock Homes for Sale, but it also makes it hard to track home prices.  The relatively small number of sales and the wide variety of homes makes it hard to spot trends and price homes.

This chart looks at Deep Water Dock Homes for Sale and tracks the history of Deep Water Dock Home Sales for the last year.

There are very few Bank Owned Deep Water Dock Homes or Short Sale Deep Water Dock Homes so I did not do a seperate for sale line.  There are a number of Pending Short Sales on Deep Water Dock Homes which just goes to show how hard it is to get a Short Sale Deep Water Dock Homes.  Most of those homes will never close.

Price per Square Foot (PPSF) is one way I like to track home values.  Here is a graph of average PPSF on Deep Water Dock Homes for over a year period - month to month.

As you can see from month to month prices are really up and down on an average PPSF for Deep Water Dock Homes in Discovery Bay.  This has a lot to do with the different sizes of the homes, styles and locations.

This chart is based on the SF of the Deep Water Dock Homes.  All the Duets, Condos, and Town Houses are lumped together:

There are no Single Family Homes less that 1500 SF with Deep Water Docks in Discovery Bay.  As you can see generally speaking the bigger the home the cheaper it is on average PPSF.  Remember every home is unique and many factors can effect price on Deep Water Dock Homes.

There is one other factor that I think effects the price of Deep Water Dock Homes and that is how close the Deep Water Dock Home is to the Fast Water.  I used Sand Point as my cut off point.  Those Deep Water Dock Homes north of Sand Point are priced higher on a PPSF basis (on average) than those Deep Water Dock Homes south of Sand Point.

There are many factors to Consider when Buying or Selling a Deep Water Dock Home in Discovery Bay.  For more information on Selling a Home, Buying a Home, to Look at Homes or for a Free Home Evaluation go to HomePointRealEstate.com.

Discovery Bay Homes for Sale

Discovery Bay is a dynamic East Contra Costa Community. Homes for Sale in Discovery Bay are very popular as people see the value in the community.

Discovery Bay is a recreation community with the motto of "Live Where you Play." What is it people see in Discovery Bay that make them want to live here:

1. Quality Affordable Homes for Sale!
   
   
2. Many fine parks and community activities.
   
   
3. Water Recreation including home with deep water docks for Boating, Fishing, Swimming and Water Skiing.
   
   
4. Both Large Executive Style Homes and Starter Homes. Two Story and Ranch Style.
   
   
5. Opportunities for real appreciation in Home Values.
   
   
6. Golf Course Homes.
   
   
7. Gated Communities.
   

Although Homes for Sale are well priced and bargains can be found the market is tighter than many people think.

There are 81 Homes for Sale in Discovery Bay right now. However only 12 of those are Bank Owned Homes and 25 are Short Sales. In April 32 Homes sold and in March 27 Homes sold. However, there are 65 Short Sale Homes Pending and only 11 closed escrow in April and 10 in March.

Why I find the above interesting is that is shows of the Homes for Sale only about 15% of the Short Sale Homes will actually close escrow. This means the effective number of Homes for Sale is less than 81. The supply of actual Homes for Sale is less than 2 months - Discovery Bay is a Sellers Market.

The average sold price of Homes for Sale per SF is $123 in the last couple of months. For Bank Owned Homes it is $109.00, and for Short Sales it is $119.00. Discovery Bay is an eclectic community with many types of homes in a wide range of prices.  With the small number of sales average prices can swing rapidly from month to month.

For more information on Homes for Sale in Discovery Bay e-mail me directly or go to HomePointRealEstate.com. Get a Free Book on 19 Things you need to Know to Short Sale Your Home or a Book on Buying a Short Sale Home. Get free information on Bank Owned Homes.

Homes for Sale Discovery Bay

If you are looking at Homes for Sale in Discovery Bay consider these figures. The number of Homes for Sale in Discovery Bay that sold jumped 25% in March from February. Prices were were down on a SF basis on homes sold from $133.00 to $122.00.

Homes for Sale in Discovery Bay are very popular. The supply of Homes for Sale in Discovery Bay is about a 3 month supply, which is a sellers market.  So why the price drop?  Did sales go up because prices went down?  I don't think so.

However, there may be other causes for the jump in sales and drop in prices. Homes for Sale in Discovery Bay are eclectic mix with Luxury Water Front Property with Deep Water Docks, gated communities, and golf course homes.  However, there are Homes For Sale in Discovery Bay that are affordable entry level homes.  With the small number of Homes for Sale in Discovery Bay prices can vary widely from month to month.  

I suspect that of the Homes for Sale in Discovery Bay will continue to go generally go up in price as quality homes in move in condition are more in demand. Investors are still buying fixer Homes for Sale in Discovery Bay will continue to improve home values as they will invest money into fixing up these distressed homes.

There are a lot of factors that go into the prices of Homes for Sale, never take one number and try to read too much into it, but look at all the trends and realize that many of these things vary from month to month and season to season. Often times you cannot spot a trend until it has passed.

If you are looking at Homes for Sale in Discovery Bay or beyond; or are considering selling a home go to HomePointRealEstate.com for more information or e-mail me directly.