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Walnut Creek Home Values Continue To Rise

Walnut Creek single-family homes experienced an 11% year-over-year increase in median values. Continue reading to see some of the market highlights for September 2012.

In a continuation from last month's sales trends, Walnut Creek single-family homes experienced an 11% year-over-year increase in median values.

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

  • Number of Sales: 50 (compared to 47 sold in September 2011)
  • Most Expensive Sale: $1.5M
  • Least Expensive Sale: $435k
  • Average Sales Price: $722k
  • Median Sales Price: $673k (11.3% higher than September 2011)
  • Average Days-on-Market: 15
  • Average Price-per-Square Foot: $364/sqft
  • Distressed Properties: 14% of sales
  • Inventory Levels: 2.7 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...

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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