Living in Contra Costa County: Antioch California Housing Market – 11 2015 Big Time Gentrification!

Antioch California Housing Market – 11 2015 Big Time Gentrification!

Antioch California Housing Market – 11 2015 Big Time Gentrification!

 

The Antioch California Housing Market is a dynamic market with good news forAntioch Homes for Sale
 Antioch Home Buyers, Antioch Home Sellers, and Antioch Home Owners.

Take a Look at Antioch Homes for Sale Now!

Antioch California is the largest community in East Contra Costa County; setting on the Sacramento River it is truly the gateway to the delta. Antioch has a great water front business district, a great infrastructure, and is a community on the way back up after the housing crash. Antioch has lots of newer construction featuring large executive style homes to classic single story ranch style homes.

This report covers single family homes in Antioch on 1 acre or less, sold sense August and active as of 11/9/15. Take a look at our last Antioch California Market Report; then take a look at these numbers:

 

Period

#

High

Low

Average

PPSF*

DOM**

Active

133

$699,000.00

$175,000.00

$309,053.00

$186.75

43

August Sold

123

$565,000.00

$170,000.00

$350,257.00

$192.12

24

September Sold

133

$610,000.00

$160,000.00

$354,819.00

$192.28

24

October Sold

105

$560,000.00

$156,274.00

$350,446.00

$197.51

25

* Price Per Square Foot ** Days on Market

Prices still seem to be going up slowly, especially if you look at PPSF. What I find interesting is the Average Sold Price, both actual number and PPSF are all higher than what is actually on the market. What this tells me is that the higher end Antioch Homes are in demand and selling.

The community of Antioch was hit hard in the down turn and many people started to write it off. I have always been positive about Antioch. Antioch has a solid basic infrastructure; featuring new parks, schools, quality streets and community buildings; and it has basically solid and newer homes (although many have deferred maintenance issues). With the up turn in prices and many investors now selling the tax basis is going up in the city, the addition of the Walmart Super Center will also increase tax revenue. The city is investing in law enforcement and code enforcement. Antioch is headed in the right direction.

Home Point Real Estate Sells Homes in East Contra Costa Communities of Brentwood, Antioch, Discovery Bay, Oakley, Pittsburg and beyond. Get a Free Home Evaluation! Call us directly at 925-260-4321 for more information on Buying a Home, Selling a Home, or Investing in Real Estate.

Get at Free Book on Selling Your Home!

Originally this was posted at HomePointContraCosta.com. Home Point Contra Costa is my new site dedicated to Homes in Contra Costa County. I hope you enjoy the post and will check out my new web site.

 

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By Gene Riemenschneider

Broker and Owner

Home Point Real Estate  - 925-260-4321 - Turning Houses into Homes

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Gene Riemenschneider
Owner/Broker
Home Point Real Estate
50 Sand Creek Road, Suite 316
Brentwood, CA 94513
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Comment balloon 0 commentsGene Riemenschneider • November 13 2015 10:35AM

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