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No Signs Yet of a Slow-down for Walnut Creek Housing

Walnut Creek has less than 3 months of housing inventory on the market right now, and we just experienced a 25% increase in median values compared to October of last year!

Walnut Creek has less than 3 months of housing inventory on the market right now, and we just experienced a 4% increase in median values over last month and a 25% increase compared to October of last year.

At a very high level, here's what we saw in the single-family home market across all of Walnut Creek for October 2012:

  • Number of Sales: 55 (compared to 35 sold in October 2011)
  • Most Expensive Sale: $1.65M
  • Least Expensive Sale: $420k
  • Average Sales Price: $764k
  • Median Sales Price: $700k (24.6% higher than October 2011)
  • Average Days-on-Market: 27
  • Average Price-per-Square Foot: $371/sqft
  • Distressed Properties: 14% of sales
  • Inventory Levels: 2.4 months

 

For a more in-depth analysis of the Walnut Creek real estate market, take a look at the SPARRreport.  It covers both the single-family home market as well as the condo/townhouse market.  In addition, it goes into detail that is very important to understand if you're thinking of either buying or selling a home in Walnut Creek in the near future.

In addition, take a look at the current Walnut Creek homes for sale...

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