Living in Contra Costa County: California: Discovery Bay

Homes for Sale in Discovery Bay

This report is on Homes for Sale in Discovery Bay. It compares current active Homes for Sale in Discovery Bay to sales for the last to months. The report is based on Single Family Homes.

Currently there are 69 Homes for Sale in Discovery Bay with an average asking price of $519,651.00 and a median asking price of $419,900.00. This is an average asking price of $187.00 per SF and an average or 64 days on the market.

In January 23 Homes for Sale in Discovery Bay sold for an average price of $292,815.00 and a median price of $278,250.00. This is an average price per SF of $104.00 and an average of 30 days on the market.

In February 24 Homes for Sale in Discovery Bay sold for an average price of $413,683.00 and a median price of $368,750.00. This is an average price per SF of $160.00 and an average of 30 days on the market.

Any one looking at this report would think that Discovery Bay Homes have all of a sudden become the hottest properties around, but there are a couple things going on.  Discovery Bay has an ecletic collection of homes and a relatively small number of sales, so a small change in some area can really effect the numbers.  The most prized Homes in Discovery Bay are Deep Water Dock Homes and Sales of Deep Water Dock Homes have accelerated with spring coming on. 

The number of homes on the market and sales have not changed much since last months report.

Please contact me directly for more information on Homes for Sale in Discovery Bay.

Deep Water Dock Homes in Discovery Bay

Deep Water Dock Homes are the most popular type of home in Discovery Bay.  The reason people move to Discovery Bay is to be on the water and there is nothing like a Deep Water Dock for enjoying the delta. 

Slide show includes all Discovery Bay Homes. Contact me directly for a list of just Deep Water Dock Homes in Discovery Bay.

As Spring approaches Deep Water Dock Homes in Discovery Bay are becoming a hot item.  Currently there are 25 Deep Water Dock Homes for sale in Discovery Bay with an average price of $816,981.00 and a median price of $659,000.00.  This is an average of $277.00 per SF and they have spent an average of 88 Days on the market.

In January no Deep Water Dock Homes in Discovery Bay Sold, but those numbers sure picked up in February as people anticpate the warm weather with seven Deep Water Dock Homes sold in Discovery Bay.  The average price of these homes was $622,000.00 and a median price of $565,000.00.  The average price per SF was $228.00 and the average days on market was 54.

Contact me directly for more information about buying or selling a Deep Water Dock Homes in Discovery Bay.

Bank Owned Homes in Discovery Bay

This report looks at the Bank Owned Homes in Discovery Bay. It compares the Bank Owned Homes currently Active on the market with sales of Bank Owned Homes in January and December. The report is on Single Family Homes only. Click here for Tools and Tips on Buying Bank Owned Homes and to see Homes in Discovery Bay

Right now there are 16 Bank Owned Homes in Discovery Bay with an average price of $310,868.00 and a median price of $277,450.00. The average price per SF is $135.00 and they average home has been on the market 23 days. This is up slightly from the 14 Homes on the market at the time of Last Months Report. Any discrepancies in the numbers are due to late reporting.

In January 9 Bank Owned Homes in Discovery Bay sold for an average price of $273,194.00 and a median price of $278,250.00. The average price per SF was $96.00 and spent an average of 23 days on the market.

In December 47 Bank Owned Homes in Discovery Bay sold for an average price of $311,891.00 and a median price of $287,500.00. The average price per SF was $105.00 and spent an average of 28 days on the market.

Discovery Bay is an eclectic market with a small number of sales.  I do not think the slight price drop is any indication of a trend.

Short Sales in Discovery Bay

This post looks at the Short Sales in Discovery Bay, it compares the active Short Sales market with Pending Short Sales and Sold Short Sales for the last 6 months. Click here for Free Reports on things you need to know about Short Sales, buying or selling. This report only looks at Single Family Home Short Sales.

Right now there 32 active Short Sales in Discovery Bay with an average asking price of $383.497.00 and a median asking price of $285,000.00. The average asking price per SF is $129.00 and they have been on the market an average of 65 days.

In the last 6 months (August through January) 6 Short Sales have sold in Discovery Bay with an average selling price of $340,173.00 and a median asking price of $295,000.00. They sold for an average or $127.00 per SF and were on the market for 59 days. This is an average of a little over 15 Short Sales per month.

Right now there are 80 Short Sales pending. The average asking price on the pending Short Sales is $311,127.00 and a median price of $286,950.00. This is an average of $132.00 per SF and they were on the market for an average of 33 days.

Obviously there are a lot more Short Sales on the market and pending than actually close. Call me to find out what we can do to get your Short Sale Complete in this tough Short Sales market. And get the Free Reports on Selling or Buying Short Sales.

Discovery Bay Homes

This market report looks at Homes for Sale in Discovery Bay. It compares the Active Market of Discovery Bay Homes to sold homes for the last two months. It only looks at single family homes.

Right now there are 70 Homes for Sale in Discovery Bay with an average price of $473,403.00 and a median price of $354,950.00. This is an average price per SF of $177.00 and they have spent an average of 56 days on the market. 

In January 21 Discovery Bay Homes sold for an average price of $297,797.00 and a median price of $290,000.00. The average price per SF was $103.00 and the Discovery Bay Homes that sold were on the market for an average of 30 days.

In December 29 Discovery Bay Homes sold for an average price of $433,712.00 and a median price of $307,000.00. The average price per SF was $144.00 and the Discovery Bay Homes that sold were on the market for an average of 33 days.

Discovery Bay Homes is an eclectic market and rapid changes from month to month can be the result of a few home sales in one type or area.  There are entry level homes and new sub divisions that are very affordable and there are 7 figure homes on the water and on golf courses.  In December there were two home sales over $1,000,000.00 that helped skew the market up, but there are other factors too.  The slow down in the number of homes sold is probably due to the normal seasonal fall off of sales around the holidays. Homes closed on in January for the most part went into escrow in December.

Contact me directly for information on Homes for Sale in Discovery Bay or about selling your home.

Discovery Bay Deep Water Dock Homes for Sale

Discovery Bay has some of the nicest Deep Water Dock Homes for Sale in Contra Costa County.  This report looks at all the Deep Water Dock Homes for Sale and those sold in the last 6 months.

Currently there are 24 Deep Water Dock Homes for Sale.  The prices range from $349,000.00 to $1,195,000.00 with an average price of $714,729.00 and a median price of $644,000.00.  The average asking price per SF is $261.00 and have been on the market an average of 87 days.

In the last 6 months 31 Deep Water Dock Homes for Sale have sold for prices ranging from $280,000.00 to $2,075,000.00.  The average price was $717,545.00 and the median price was $700,000.00.  The homes were on the market for an average of 81 days and sold for an average of $253.00 per SF.

As we move into spring and summer the demand for Deep Water Dock Homes for Sale will increase.  If you are looking to buy or sell please contact me.

Discovery Bay Deep Water Dock Homes

An interesting court ruling just came down in regard to Deep Water Dock Homes.  The ruling was actually a case coming out of a dispute in Bethel Island, but most of our Deep Water Dock Homes in this area are in Discovery Bay.

Traditionally the easement to use water for docks and piers on a Deep Water Dock Home has run 90 Degrees out from where the property line hits the shore.  However, when there is a bend on the shore line this creates on overlap of the easements.  The court has ruled that the easement line will be the middle of the disputed area.

The picture below shows two Deep Water Dock Homes with overlapping easements.  The dotted line in the center is the new easement line.

If you are interested in Deep Water Dock Homes in Discovery Bay or Bethel Island please contact me.

Discovery Bay Bank Owned Homes

This report looks at Bank Owned Homes in Discovery Bay California. I compares the Bank Owned Homes currently active on the market to sales of Bank Owned Homes in November and December. The report focuses on Single Family Homes.

There are currently 14 Bank Owned Homes for sale in Discovery Bay with an average asking price of $310,071.00 and a median price of $264,900.00. They have been on the market an average of 33 days at an average price per SF of $144.00.  Discovery Bay is an eclectic community with lots of different market segements.  One of the key market segments is homes with deep water docks.  There is only one Bank Owned Home with a deep water dock and it is priced at $448,800.00 or $227.00 per SF and has been on the market for 47 days.

In December 12 Bank Owned Homes sold in Discovery Bay with an average sale price of $311,891.00 and a median price of $287,500.00. The average selling price per SF was $105.00 and they spent an average of 28 Days on the Market.  One deep water dock Bank Owned Home sold at a price or $650,000.00 or $165.00 per SF and was on the market 65 days.

In November 7 Bank Owned Homes sold in Discovery Bay with an average sale price of $364,757.00 and a median price of $275,000.00. The average selling price per SF was $114.00 and they spent an average of 36 Days on the Market.  Two home the Bank Owned Homes sold had deep water docks and average prices of $649,750.00 and average price per SF of $170.00; they were on the market an average of 103 days.

The Bank Owned Home Market it tightening up. There are still good buys to be had for series buyers.

Short Selling a Home in Discovery Bay

Short Sales can be a difficult way to buy or sell a home. However, there are ways to successfully Buy and Sell Short Sales. I want to look at the Short Sale market in Discovery Bay California then provide you with tools for Short Selling a Home or Buying a Short Sale Home.

This report looks at Short Sales of Single Family Homes in Discovery Bay California. We look at Active, Pending and Sold Short Sale Homes for the last 6 months.

Currently there are 24 Active Short Sale Homes on the Market in Discovery Bay with an Average Price of $347,813.00 and a Median Price of $320,000.00. The Average List Price Per SF is $130.00 and the Average Days on Market is 75.

There are 72 Short Sale Homes Pending with an Average List Price of $340,340.00 and a Median List Price of $289,450.00. The Average Price Per SF for the Pending Homes is $133.00 with an average of 44 Days on the Market.

Between July 1, 2009 and December 31, 2009 36 Short Sale Homes sold in Discovery Bay. The Average Selling Price was $342,121.00 with a Median Price of $292,500.00. This is an Average Price Per SF of $131.00 and they had an Average Days on Market of 81.

This means that only 6 Short Sale Homes per month clear the Short Sale hurdle with the banks. If you are Short Selling a Home or Buying a Short Sale Home you need to understand the procces and have an edge. Click Here to get a Free Report on 19 Things You Need to Know About Selling Your Home Short or here for 15 Facts on Short Sale Purchases.

Discovery Bay Housing Market Report

This Housing Market Report focuses on Homes for Sale in Discovery Bay California. In the report we focus on Homes for Sale currently and compare the sales figures for November and December 2009. The Housing Market Report only looks at Single Family Home sales.

Currently there are 43 Homes for Sale in Discovery Bay. The average asking price is $471,563.00 and the median asking price is $379,000.00. The average asking price per SF is $190.00 and the homes have an average of 79 days on Market.

Discovery Bay is an eclectic market with many different styles and price ranges.  The most popular type of Homes for Sale in Discovery Bay is Deep Water Dock Homes. If you look at the Deep Water Dock Homes for Sale in Discovery Bay they have an average asking price of $728,045.00 and the median price is $675,000.00. The average asking price per SF is $283.00 and the average days on market is 79.  There are currently 13 Deep Water Dock Homes on the Market.

In November of 2009 21 Homes for sale in Discovery Bay sold. The average sold price was $523,490.00 and the median price is $379,500.00. The average price per SF was $169.00 and average days on market was 93. There were 10 Deep Water Dock Homes Sold with an average price of $788,190.00 and a median price of $782,450.00; the average price per SF was $241.00 and they were on the market for an average of 124 days.

In December of 2009 28 Homes for sale in Discovery Bay sold. The average sold price was $441,701.00 and the median price is $307,500.00. The average price per SF was $144.00 and average days on market was 33. That's right 33; they are starting to move fast.  In December the average price of the 6 Deep Water Dock Homes sold was $905,500.00 and the median price was $735,000.00 with an average of 58 days on the market.

If you need a Housing Market Report on a particular market or market segment or would like to see Homes for Sale in a particular area please let me know.