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John Souerbry's Blog

By John Souerbry | Broker in Palo Alto, CA

Lafayette Home Sales Report: June 2013

Lafayette Home Sales ReportThe Lafayette home sales report for June 2013 reflects the improving market throughout the East Bay.  Of the 47 homes that closed escrow in June, 41 were on the market 30 days or less and only one was on the market longer than 60 days.

There was a mix of homes selling under and over their listing price, but any statistics regarding the relationship between listing and selling prices are now worthless.  A current trend among many Bay Area brokers is to advise sellers to list their property for sale under its current market value – sometimes well under.  This strategy is intended to bring in more buyers and hopefully cause them to engage in a bidding war that drives up the price over market value.  Sometimes this works, sometimes it doesn’t.  But it does create havoc in the marketplace when a seller wants to price his home at a reasonable market value and many of the homes listed in his area are priced artificially low.

July 1st Lafayette Market Snapshot:

  • Homes active on the market: 50 (click to view > Lafayette homes for sale)
  • Short sale/REO homes for sale:  0/0
  • Price range of active listings: $425,000 - $7,750,000
  • Homes now in escrow: 30

Contact Us for more information regarding this Lafayette home sales report or for help buying or selling East Bay real estate.

To receive a free valuation of your home in today’s market, click > East Bay home valuation.

To search for property listings of all types in Lafayette and the East Bay, including homes, land, income property and more – click > East Bay MLS listings.

Lafayette Home Sales Report: Escrow Closed June 2013

LOCATIONBED/BATHSQ. FEETLIST PRICESALE PRICE
3279 MOUNT DIABLO CT #62/2-0               1,697$549,000$600,000
3633 BROOK ST3/2-0               1,408$629,000$610,000
1062 SIERRA VISTA WAY4/2-0               1,692$658,000$728,000
3279 Mt Diablo Ct #253/2-1               1,731$659,000$730,000
79 SILVERWOOD DR3/2-0               2,344$799,000$825,000
3216 JUDITH LN3/2-0               1,969$799,000$833,000
115 VILLA CT5/3-0               2,389$835,000$860,000
16 PIDGEON CT5/3-0               2,359$839,000$965,000
970 2ND STREET3/2-0               1,367$865,000$865,000
1451 SUNSET LOOP4/2-1               2,150$865,000$880,000
3444 SOLANA CT4/3-0               1,795$899,000$900,000
3235 WITHERS AVE3/3-0               1,914$899,000$954,000
1294 QUANDT CT3/2-0               1,656$930,000$1,051,000
3312 WOODVIEW DR4/3-0               2,357$935,000$840,000
3554 OCONNER DR3/2-0               1,708$950,000$1,187,500
3665 WEST RD3/2-               1,532$950,000$1,182,500
852 MORAGA RD3/2-0               1,922$959,000$990,000
3157 LUCAS DR3/2-1               2,110$995,000$920,000
3933 Woodside Court4/2-               1,739$999,000$950,000
3473 HAMLIN RD3/3-0               1,908$1,050,000$1,105,000
3925 N PEARDALE DR3/3-0               1,844$1,050,000$1,255,000
688 SAINT MARYS RD4/2-1               2,371$1,099,950$1,070,000
1122 HIDALGO CT4/2-0               1,820$1,119,000$1,119,000
3335 SAINT MARYS RD4/2-1               2,872$1,150,000$1,200,000
2 QUAIL RUN3/3-0               2,222$1,150,000$975,000
3148 SOMERSET PLACE6/3-0               2,900$1,165,000$1,140,000
21 MY RD3/3-0               3,180$1,175,000$1,142,050
1079 SUNRISE RIDGE DR4/3-1               3,615$1,200,000$1,164,000
10 SESSIONS RD3/2-1               3,015$1,285,000$1,295,000
19 WHITE OAK DRIVE5/3-0               3,106$1,290,000$1,300,000
3356 VICTORIA AVE3/2-1               2,031$1,300,000$1,207,000
510 MCBRIDE DR4/2-0               2,534$1,325,000$1,407,000
3300 PHILLIPS RD3/2-1               1,885$1,350,000$1,475,000
10 JULIE HIGHLANDS CT4/3-1               3,813$1,350,000$1,325,000
10 MOUNTAIN VIEW PLACE4/2-1               3,747$1,375,000$1,430,000
670 GLORIETTA BLVD4/2-2               2,584$1,395,000$1,575,000
827 LAS TRAMPAS RD4/2-0               2,629$1,585,000$1,742,000
3298 GREENHILLS DR4/3-1               4,034$1,599,000$1,725,000
10 CANDLELIGHT LN5/4-0               3,695$1,650,000$1,750,000
3931 S PEARDALE DR4/3-1               2,503$1,699,000$1,725,000
629 HUNTLEIGH DR4/3-0               2,936$1,799,000$1,825,000
3402 STAGE COACH DR5/4-1               4,061$1,799,000$1,730,285
3426 STAGE COACH DR5/4-1               4,238$1,979,000$1,979,000
1161 ESTATES DR4/3-1               4,224$2,385,000$2,450,000
24 Sanford Ln5/4-1               5,169$2,875,000$2,785,000
3280 WOODVIEW DR4/3-0               2,477$899,900$725,000
10 BENTHILL CT3/2-1               2,852$950,000$955,605

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John A. Souerbry & Associates  Call John direct: (925) 323-1450 (BRE 01370983)    
 
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