Local

Market Update - June 2016

A RESEARCH TOOL PROVIDED BY THE CONTRA COSTA ASSOCIATION OF REALTORS

Orinda

9.3%

12.5%

13.8%

Change in New Listings All

Change in Closed Sales All

Change in Inventory of Homes All

Properties

Properties

Properties

June

Single-Family Detached

Year to Date

2015

2016

+ / -

2015

2016

New Listings

37

42

13.5%

183

187

2.2%

Pending Sales

25

31

24%

139

125

-10.1%

Closed Sales

33

29

-12.1%

133

99

-25.6%

Days on Market Until Sale

21

19

-9.5%

21

18

-14.3%

Median Sales Price

$1,425,000

$1,450,000

1.8%

$1,380,000

$1,402,500

1.6%

Average Sales Price

$1,603,144

$1,670,413

4.2%

$1,528,646

$1,609,156

5.3%

105.29

103.98

-1.2%

104.9

104

-0.9%

39

49

25.6%

189

232

22.8%

Percent of Original List Price Received

Inventory of Homes for Sale

June

Townhouse-Condo
Attached

2015

+ / -

Year to Date

2016

+ / -

2015

2016

+ / -

New Listings

0%

-50%

Pending Sales

0%

-75%

Closed Sales
Days on Market Until Sale

12

Median Sales Price

$0

$0

$707,500

$0

Average Sales Price

$0

$0

$727,750

$0

Percent of Original List Price Received

103.1

Inventory of Homes for Sale

100%

Change in Median Sales Price from Prior Year (6-Month Average)

Single-Family Detached

Townhouse-Condo Attached

100%

100%

60%

50%

20%

0%

Orinda

11-2015

10-2015

8-2015

9-2015

7-2015

5-2015

6-2015

4-2015

2-2015

3-2015

1-2015

12-2014

11-2014

9-2014

10-2014

8-2014

7-2014

4-2014

6-2014

5-2014

3-2014

1-2014

6-2016

2-2016

4-2016

12-2015

8-2015

All MLS

10-2015

6-2015

2-2015

Orinda

4-2015

10-2014

12-2014

-150%
6-2014

-100%
8-2014

-100%

2-2014

-60%

4-2014

-50%

12-2013

-20%

2-2014

0%

All MLS

data source CCAR MLS, powered by CCAR development.