Local Market Update - March 2013

A RESEARCH TOOL PROVIDED BY THE CONTRA COSTA ASSOCIATION OF REALTORS

Moraga/Canyon

29.2%

9.5%

64.7%

Change in New Listings All

Change in Closed Sales All

Change in Inventory of Homes

Properties

Properties

All Properties

March

Single-Family Detached

Year to Date

2012

2013

+/-

2012

2013

+/-

New Listings

25

14

-44%

45

39

-13.3%

Pending Sales

16

15

-6.3%

27

36

33.3%

Closed Sales

18

13

-27.8%

23

23

0%

Days on Market Until Sale

43

24

-44.2%

87

34

-60.9%

Median Sales Price

$844,500

$1,050,000

24.3%

$757,500

$964,000

27.3%

Average Sales Price

$903,778

$1,129,462

25%

$821,152

$1,137,326

38.5%

98.61

100.25

1.7%

95.8

100.7

5.1%

11

37.5%

54

33

-38.9%

Percent of Original List Price Received

Inventory of Homes for Sale

March

Townhouse-Condo
Attached

Year to Date

2012

2013

+/-

2012

2013

+/-

New Listings

10

233.3%

25

19

-24%

Pending Sales

100%

20

13

-35%

Closed Sales

-33.3%

15

-53.3%

41

13

-68.3%

91

23

-74.7%

Median Sales Price

$383,750

$600,000

56.4%

$325,500

$443,625

36.3%

Average Sales Price

$373,583

$571,250

52.9%

$317,669

$533,375

67.9%

97.25

104.28

7.2%

95.6

102.5

7.2%

0%

56

15

-73.2%

Days on Market Until Sale

Percent of Original List Price Received

Inventory of Homes for Sale

Change in Median Sales Price from Prior Year (6-Month Average)

Single-Family Detached

Townhouse-Condo Attached

data source CCAR MLS, powered by CCAR development.