the KAUFMANS

As we put closure to the month of April 2012 we take a look back at our real estate market update for Lafayette, Moraga and Orinda

Lafayette had 29 sales of single-family homes the average days on market was 26.
Prices range from $529,900 to $2,795,000
The average list price was $1,060,995 – $401 per square foot.
The average sold price was $969,706. That's $378 a square foot or a 8.6% drop in price.
The median house listed for $997,000.
The median sold price was $920,000. That is a 7.7% drop in price.
An impressive16 (45% of the homes in Lafayette) sold at or over their asking price.
1 home went as high as 26% over asking.
sold either at asking price or above asking price.

Moraga had 12 single-family homes that sold in the month of April.
Average days on the market was 33.
Prices range from $670,000-$1,649,000.
The average list price was $1,048,079 or $389 per square foot.
The average sold price was $1,041,882 or $387 per square foot less than a 1% drop in price.
The median list price was $1,037,000.
The median sold price was $1,017,750. That's less than a 1% drop in price.
7 listings sold at or above the asking price.
42% of the homes in Moraga sold either at asking price or above asking price by as much as 15%.

Orinda had 13 sales with an average days on the market of 53.
Prices range from $450,000 - $2,650,000.
The average list price was $1,092,192 or $405 per square foot.
The average sold price was $1,077,230 or $401 per square foot a 1% drop in price.
The median list price was $995,0000.
The median sold price was $975,000 less than a 2% drop in price.
5 listings sold at or above the asking price anywhere from 1% to 3% above asking.
38% of the homes in Orinda sold either their asking price or above asking price.