Pacific Union International released May 2012 Bay Area Real Estate statistics this past week. Here’s what the related article said about Contra Costa County results:
“In Contra Costa County, we’re seeing multiple offers on everything under $1.3 million, and homes priced at $800,000 to $1.2 million are selling as quick as they’re listed. There’s a caveat, though: The multiple offers are plentiful in part because our agents are advising reasonable prices on properties. Buyers remain cautious, and they’re not bidding on inflated listings.”
Bottom line: Things are looking up. Success is more assured, but you have to start by pricing the property correctly.
If you would like to talk about how this impacts you, whether you plan to buy or sell your Lafayette or other East Bay home, please contact Dana Green at (925) 339-1918 or dana@danagreenteam.com.