Home prices in Walnut Creek will rise around 7 percent, according to a study done by an online real estate site.
The site, zillow.com, predicts home prices in 244 of the 245 zip codes in the Bay Area will rise in 2013. The only exception will be the 94515 area in Calistoga, according to a story in the San Francisco Chronicle.
The story says the biggest reason for the projected price increase is a lack of homes for sale on the market.
In Walnut Creek, homes in the 94596 zip code are predicted to jump almost 8 percent in 2013.
Here are the zip codes for Walnut Creek:
Zip Code Dec. 2012 Median Dec. 2013 Projection % Increase % from peak 94596 $669,300 $721,079 7.7 -23.5% 94595 $367,000 $394,401 7.5 -35.3% 94597 $508,800 $544,986 7.1 -29.9% 94598 $690,300 $739,247 7.1 -22.8%