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Lafayette, CA Real Estate News

   Lafayette CA Homes For Sale- Foreclosures For Sale In Lafayette For  July 30, 2010 As of July 30, 2010, there are 7 Bank Owned Foreclosures for sale in Lafayette, CA. (This report includes condominiums and townhomes) Priced from $530,400 to $2,750,000, and range in square footage from 1056 to 6183. Click Here To View All Lafayette, CA Bank Owned Foreclosures For Sale. In the last 90 days (April-July 2010), there have been 3 Bank Owned Foreclosures sold in Lafayette, CA. The median sold price was $540,000 and 46 days on the market. That is an increase since April-July 2009, when the median sold price was $487,500 and average time on the market was 21 days. This shows that Bank Owned Foreclosures in Lafayette, CA are still a good buy for homebuyers and investors.   Why Buy A Foreclosur...
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  Lafayette CA Homes For Sale- Foreclosures For Sale In Lafayette For  July 23, 2010 As of July 23, 2010, there are 6 Bank Owned Foreclosures for sale in Lafayette, CA. (This report includes condominiums and townhomes) Priced from $554,900 to $2,995,000, and range in square footage from 2090 to 6183. Click Here To View All Lafayette, CA Bank Owned Foreclosures For Sale. In the last 90 days (April-July 2010), there have been 3 Bank Owned Foreclosures sold in Lafayette, CA. The median sold price was $540,000 and 46 days on the market. That is an increase since April-July 2009, when the median sold price was $487,500 and average time on the market was 21 days. This shows that Bank Owned Foreclosures in Lafayette, CA are still a good buy for homebuyers and investors.  Why Buy A Foreclosure ...
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   Lafayette, California Real Estate- Lafayette Real Estate Market Update For June 2010 The Lafayette, California Real Estate Market lost in June 2010. A total of 29 homes sold in June, the same as  in May 2010. The average sales price in Lafayette decreased in June, to $1,102,453. Homes that were sold in Lafayette, California had an average listing (asking) price of $1,143,727 and the average selling price was $1,102,453. The number of days on market decreased in June to 33 days. The Lafayette market has been showing signs of stabilizing over the last few months. The average selling price of homes in January 2010 was $1,082,777. Single Family Residences June 2010 May 2010 June 2009 # Sold 29 29 18 Average $ $1,102,453 $1,198,806 $1,079, 444 Days on Market 33 40 40 Currently, there are ...
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      Lafayette, CA Homes For Sale- Lafayette Market Update For May 2010. What was once a pit-stop for the Pony Express, Lafayette, California is now a residential community just east of the San Francisco Bay Area. Lafayette boasts all the amenities of small-town life: good schools, low crime rates, an active downtown and a mild climate. For much of its history, it was a quiet farming village, but like many other small communities surrounding San Francisco, the post World War II boom brought a flood of new homes. The Lafayette, California Real Estate Market remained very hot in May, 2010. A total of 29 homes sold in May, one more than in April 2010. However, the most interesting statistic, is that (once again) the average selling price continues to gain in Lafayette. In May , the averag...
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By Wendy Cutrufelli, Contra Costa Realtor
(Alain Pinel Realtors)
Real estate market report for detached homes in Lafayette, California Active Listings Number of Active Listings = 100, of which 6 are short sales and 2 are bank-owned The highest list price is $5,800,000 The average list price is $1,463,962 and the median* list price is $1,142,500 The lowest list price is $498,000 In Contract and Pending There are 47 homes in contract and pending, of which 4 are short-sales and 2 are bank-owned.  The sold price is not disclosed until the transactions close. Closed Lafayette home sales for the recent month (3/12/2010 - 4/12/2010): Number of closed sales = 16 The highest closed price is $2,950,000 The average closed price is $1,145,107 and the median* closed price is $907,500 The lowest closed price is $690,715 Lafayette real estate by quartile: The top 2...
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By Wendy Cutrufelli, Contra Costa Realtor
(Alain Pinel Realtors)
My blog titled "Silent Suffering in the Luxury Markets" generated phone calls that brought some important luxury market misconceptions to light.  Misconception number 1:  I am the only one in my community struggling with changes in my financial circumstances. I discussed this very point in the above referenced blog.  This is a group homeowners that, for the most part, are highly educated, upwardly mobile, have never suffered a difficult financial setback, believe they are alone in the struggle and need to hear from my voice to their ears that they are NOT alone.  Misconception number 2:  Loan modifications and other options to foreclosure are only available to low income homeowners. There are no income limits for loan modifications.  The criteria for consideration is a valid financial ...
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By Bob Wegener, Lamorinda Specialist 925-212-2431
(Hacienda Real Estate ("Lamorinda" Lafayette, Moraga, Orinda))
4 bedroom homes for sale in Lafayette are typically a hot commodity. As in most communities, the 4 bedroom home in Lafayette is the most sought after model. Since January 1st, 2009, 98 4 bedroom homes have sold in Lafayette. The average price for these sales is $1,062,958 and the median is $1,000,000. The average number of days on the market was 72. 13 of those sales have taken place this year. For those 13, the average price is $944,615 and the median is $790,000, with the average days on the market number at 84.As of this writing, 4/1/2010, there are 14 pending sales in the 4 bedroom homes for sale in Lafayette category. 3 of the pending sales are pending subject to lender approval. In other words, they are short-sales, or selling for less than what the owner owes the bank.Neighborhoo...
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By Wendy Cutrufelli, Contra Costa Realtor
(Alain Pinel Realtors)
Real Estate Market Report for Lafayette, California. Active Listings Number of Active Listings = 72, of which 6 are either short-sales or bank-owned property The Highest Active list price is $5,800,000 The Average Active List Price is $1,617,583 with a Median* Active List Price of $1,282,500 The Lowest Active List Price is $498,000 In Contract and Pending Number of sales pending = 28, of which 7 are either short-sales or bank-owned The Highest Pending List Price is $3,295,000 The Average Pending List Price is $1,059,528 with a Median* Pending List Price of $804,500   The Lowest Pending List Price is $475,000 Note:  Actual sold prices are not disclosed until the transactions are closed. This week's market activity by Quartile: Closed Lafayette home sales for the month of February, 2010 N...
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By Wendy Cutrufelli, Contra Costa Realtor
(Alain Pinel Realtors)
I received two phone calls this week that made me realize there is silent suffering in the luxury markets.  These two phone calls were received from homeowners who live in Lafayette, California which is a high-end market with a current median price of $1,222,500 and many homes priced in excess of $3 million.  Both of these homeowners purchased their homes with more than 20% down and verified their income and assets to obtain their mortgages.  Both were referred to me to discuss the Loan Modification and Short-Sale process because they are facing adjustments to their interest-only mortgages and they cannot afford the adjusted payment. Neither can refinance due to declines in market value. Both have had significant reductions in their incomes and both believe they are the only household i...
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By Wendy Cutrufelli, Contra Costa Realtor
(Alain Pinel Realtors)
You are the most important source of information to create an effective marketing campaign that will help get home buyers excited about buying your home.  Between 87% and 94% of home buyers start their home search on the internet and proceed to view the homes that meet their needs and capture their interest.    You want buyers to pick your home above all others so your visual tour should include photos of your home and yard as well as the neighborhood and community in which it is located.   The perfect time to start writing notes is while you are preparing your home for sale. Print this page and use it as an outline for your notes but don’t limit yourself to these questions and topics. Why did you decide to buy this home yourself?  (Schools? Location? Views? Privacy?) What would you tel...
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Alain Pinel Realtors introduces the first Open House Guide for all San Francisco, Bay Area Open Homes. Do you want a single website to find the Open Homes in the northern California cities of Alamo, Blackhawk, Clayton, Concord, Danville, Diablo, Lafayette, Martinez, Moraga, Orinda, Pleasant Hill or Walnut Creek?  Look no further!  Alain Pinel Realtors introduces open.apr.com, the first Open House Guide for all San Francisco, Bay Area Open Houses - even those listed by other companies.This site includes all of the scheduled Open Houses that are posted on the Multiple Listing Service as well as Alain Pinel Realtors' exclusive listings and offers the added advantage of community information and maps. If you want to buy a home in Contra Costa County, California, introduces this is "one-stop...
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By Kevin Dwyer
(Sellstate Next Generation)
    Lafayette Real Estate Sales are looking great for the month of January 2010.  There were a total of 10 homes sold in Lafayette this month.  The average list price was $1,017,707and the average sales price was $1,007,417.  Meaning that property values are stabilizing. Below is a list of all real estate that sold in Lafayette this January.  Please feel free to contact me to discuss your Lafayette real estate needs. www.homesincontracosta.com www.stopmyforeclosurebayarea.com Address List Price Sales Price SqFt Bedrooms Baths 3075  CAMINO DIABLO $329,175 $329,175 1253 2 1 3350  N Lucille Lane $399,000 $490,000 1154 3 2 1069  SIERRA VISTA WAY $499,900 $475,000 2187 5 3 2079  RELIEZ VALLEY RD $775,000 $775,000 1913 3 3 578  SILVERADO DR $885,000 $830,000 2246 3 3 627  BURTON DR $1,029,000...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
View Larger MapA colleage at my office is uprooting the family and has decided to move to La Morinda. When he told me, I sort of had that blank stare for a moment. Albeit brief, my stare was a dead giveaway that I had no idea where this "La Morinda" was. He politely explained that La Morinda is a colloquialism for a tricity area comprised of Lafayette, Moraga and Orinda. Hence, La-Mor-Inda. I'm sure that the contributor of the Wiki entry for "lamorinda"http://en.wikipedia.org/wiki/Lamorinda would be happy to glean any more useful tidbits for lamorinda. I, for one, still do not know how to spell it. Do I treat it as a derivative from the Latin as I did above in the feminine using "La" followed by "Morinda?" Or, do i just do what they did and let just roll with no spaces as in lamorinda?...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
The November 2009 median home price in Lafayette CA was $1,045,000 for single family detached homes*. There were 13 home sales of single family detached homes in Lafayette CA during November 2009. The highest priced home sold for $2,340,000 the lowest price home sold for $560,000. The average selling price of detached single family homes for November 2009 in Lafayette California was $1,078,653 Your Lafayette California real estate market update was written December 3, 2009. These homes were on the market an average of 33 days. See below for information on single family homes sold on the low and high end. What did 4 Gilmore Ct. in Lafayette CA sell for? 4 Gilmore Ct. in Lafayette CA sold for $560,000 after 15 days on the market:What did 1055 Lorinda Ln. in Lafayette CA sell for? 1055 Lor...
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Yes, there are REO's in these cities, but not nearly as many as in other cities in Contra Costa and Alameda County. As of 12/2/2009, there are 10 active REO listiing in Moraga, Orinda and Lafayette, CA: RESIDENTIAL - Active ADDRESS Unit BR Bth Stat Date SqFt DOM LP $/SqFt SP $/SqFt 1727 SAINT ANDREWS DR 3 2 11/30/2009 1749 8 $499,950 $285.85 1003 Hawthorne 4 2 11/15/2009 1680 23 $404,900 $241.01 3223 Alta lane 3 2 11/26/2009 1410 153 $609,000 $431.91 651 MORAGA RD 15 3 2 11/5/2009 1394 33 $354,900 $254.59 19 CALVIN DR 4 2 11/15/2009 1642 92 $659,000 $401.34 2083 ASCOT DR 132 3 2 11/25/2009 1439 13 $299,900 $208.41 319 RHEEM BLVD 3 2 11/17/2009 1380 21 $689,900 $499.93 7 La Cintilla 5 4 11/18/2009 4106 110 $1,475,800 $359.43 73 BROOKWOOD RD UNIT 1 1 11/26/2009 673 33 $304,900 $453.05 855...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
The October 2009 median home price in Lafayette CA was $867,500 for single family detached homes*. There were 30 home sales of single family detached homes in Lafayette CA during October 2009. The highest priced home sold for $2,300,000 the lowest price home sold for $515,000. The average selling price of detached single family homes for October 2009 in Lafayette California was $1,035,058 Your Lafayette California real estate market update was written November 2, 2009. These homes were on the market an average of 77 days. See below for information on single family homes sold on the low and high end. What did 3661 Boyer Cir. in Lafayette CA sell for? 3661 Boyer Cir. in Lafayette CA sold for $515,000 after 17 days on the market:What did 4115 Canyon Rd. in Lafayette CA sell for? 4115 Canyo...
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By Empire Realty Associates Danville, Walnut Creek, Alamo, Lafayette
(Empire Realty Associates)
Press Release | 10-26-09 EMPIRE REALTORS SANDI MITCHELL AND BRIAN WILLINGHAM FORM NEW PARTNERSHIP IN LAMORINDA AREA   WALNUT CREEK - Empire Realty Associates Realtor Brian Willingham and Empire Realty Associates Partner Sandi Mitchell, are proud to announce that they have partnered to bring their real estate sales experience to the Lamorinda market. Combined, Sandi and Brian have over 30 years of local real estate knowledge and expertise. Sandi is the current President of the Lafayette Rotary Club & Board member of the Lafayette Chamber. Sandi has made her home in Lafayette & conducted her real estate business there since 1981. "With such deep roots and knowledge of the area, we are excited to offer Lamorinda homeowners the benefit of this new relationship. Also, I am thrilled to have t...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
The August 2009 median home price in Lafayette CA was $892,500 for single family detached homes*. There were 18 home sales of single family detached homes in Lafayette CA during August 2009. The highest priced home sold for $3,333,333 the lowest price home sold for $318,750. The average selling price of detached single family homes for August 2009 in Lafayette California was $1,075,671. Your Lafayette California real estate market update was written September 3, 2009. These homes were on the market an average of 68 days. See below for information on single family homes sold on the low and high end. What did 1171 Nogales St. in Lafayette CA sell for? 1171 Nogales St. in Lafayette CA sold for $318,750 after 117 days on the market:What did 4136 Canyon Rd. in Lafayette CA sell for? 4136 Can...
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By Empire Realty Associates Danville, Walnut Creek, Alamo, Lafayette
(Empire Realty Associates)
Lamorinda boasts gorgeous landscapes and its strong community. The residents pride themselves on their top-rated schools, and commitment to a quality community. The idyllic weather and prime location near BART and access to San Francisco make it a perfect place to live and call home.Lafayette offers an idyllic environment with a blend of diverse topography, small town atmosphere, established neighborhoods and access to a variety of recreational activities. What began as a farming community has grown into one of the most sought after communities in the East Bay. The Lafayette Art and Wine Festival is a fun-filled annual summer event located in the heart of downtown. Children in the area attend Lafayette School District for the early grades and move up to the Acalanes District for high sc...
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By Vickie Nagy, Vickie Jean the Palm Springs Condo Queen
(Coldwell Banker Residential Real Estate)
The July 2009 median home price in Lafayette CA was $929,000 for single family detached homes*. There were 23 home sales of single family detached homes in Lafayette CA during July 2009. The highest priced home sold for $2,200,000 the lowest price home sold for $532,000. The average selling price of detached single family homes for July 2009 in Lafayette California was $998,496. Your Lafayette California real estate market update was written August 3, 2009. These homes were on the market an average of 75 days. See below for information on single family homes sold on the low and high end. What did 1532 Pleasant Hill Rd. in Lafayette CA sell for? 1532 Pleasant Hill Rd. in Lafayette CA sold for $532,000 after 49 days on the market: What did 4059 Happy Valley Rd. in Lafayette CA sell for? 4...
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