Livermore, CA

Price is king in the market right now, and as home prices have dropped, unit sales in Livermore have clicked up significantly, as evidenced in the graph below, comparing pending properties, year over year from April 08 through April 09. Sales are up 28% from this time a year ago.

In someprice ranges, buyers demand is outpacing inventory levels, leading to multiple offer situations. The nature of supply and demand predicts that as that happens, prices level off and then slowly begin to rise unless the supply returns to a more normal level. The entry of short sales and foreclosed properties has certainly affected the rate of sale and the inventory levels in this area.

Market statistics can paint a very different picture, depending upon how they’re compiled and assessed. Just take a look at the following example. You’ll see what the true picture of the Livermore market is as a whole from this chart, showing all active listings for sale as of 4/15/2009. Inventory here has dropped 39% in a year’s time.

Notice how much sharper the drop is, as this graph depicts single family detached homes, between the price range of $300,000 and $500,000. This conveys a reduction of 45% over last year’s supply.

This graph shows how long it would take to sell off existing inventory, based on current sales rates. Notice the sharp drop in April of this year compared to last year at the same time. We are down to 3.3 months supply, considered a bit below normal. Livermore, all active properties April 08 to April 09.

Notice now the change in the chart below, as we look at the Livermore months’ supply for the $300,000 - $500,000 range. You can see that this price range is moving rapidly, leaving an inventory level 66% less than last year at this same time.

Of course many factors go in to assessing what’s going on in a particular county, city, neighborhood or price range. To make an informed decision about buying or selling a home, it’s important to consider all available factors that would assess your particular situation when selling a home, or the competitive arena you may be entering as a buyer. Arm yourself with information before your begin.

May 15th, 2009 - 26 REO Bank Owned Foreclosures in Livermore CA sold and closed during March 2009. 21 were single family homes and 5 were attached homes (condos and townhomes).*

· The 21 detached single family homes that were REO Bank Owned Foreclosures in Livermore CA had a low sales price of $205,000 and a high sales price of $875,000. The median sale price for foreclosed home sales in Livermore for this period is $305,000. These homes were on the market an average of 24 days.

· The 5 attached homes (including condos and townhouses) that were REO Bank Owned Foreclosures in Livermore CA had a low sales price of $90,500 (for a 1 bedroom, 1 bath with 758 square feet of living space) and a high sales price of $380,000. The median sale price for REO foreclosure townhouses in Livermore CA and REO foreclosure condos in Livermore CA for this period is $259,000.

May 15th, 2009 - There are 56 REO Bank Owned Foreclosures in Livermore CA currently pending sale in the MLS.

· 7 are condos, duets or townhomes that were listed at $126,900 (for a 3 bedroom, 2-1/2 bathroom condo with a reported 1,433 square feet of living space) to $324,900 (for a 3 bedroom, two and a half bath duet with 1,433 square feet of living space)

· 49 are detached single family homes that were listed at $174,900 to $985,455. The median home price for foreclosure homes in Livermore is $339,000 that are currently pending sale or under contingency contract. These homes have been on the market an average of 49 days.

Click here to request a current list of Bank Owned Foreclosures in Livermore CA.

May 15th, 2009 - CURRENT INVENTORY - There are 40 REO Bank Owned Foreclosures in Livermore CA currently being offered through the MLS (down from 56 last month).

· 14 are condos, duets and town homes, listed at $104,900 (for a 1 bedroom, 1 bath with 758 square feet of living space) to $257,500 (for a 3 bedroom, 2-1/2 bath duet with a reported 1,345 square feet of living space)

· 26 are detached single family homes, listed at $189,900 to $1,299,000

Archives for Foreclosures in Livermore CA:

REO Bank-Owned Foreclosures in Livermore CA March 2009

REO Bank-Owned Foreclosures in Livermore CA February 2009

REO Bank-Owned Foreclosures in Livermore CA January 2009

REO Bank-Owned Foreclosures in Livermore CA December 2008

REO Bank-Owned Foreclosures in Livermore CA November 2008

REO Bank-Owned Foreclosures in Livermore CA October 2008

If you like these reports and want to work with an agent who will be sure you have the market information you want and need before you purchase a home or investment property, Contact buyer's agent Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Buying or selling Livermore CA real estate, or looking for homes for sale in Livermore CA contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills.

Please contact Vickie Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Walnut Creek, Walnut Creek and Concord. Search the MLS - Keller Williams Realty

Visit Foreclosures in Livermore CA for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

May 14th, 2009 - 12 Short Sales in Livermore CA sold and closed during April 2009. 11 were single family homes and 1 was an attached home (a duet).*

· 11 detached single family homes sold from a low of $233,500 to a high of $615,000. The median sale price of short sales in Livermore CA is $383,500 for single family homes after an average 72 days on the market.

· 1 attached home (a duet) with 3 bedrooms, 1 and a half-baths with a reported 1,192 square feet of living space sold over asking price at $290,000 after 38 days on the market.

May 14th, 2009 - There are 121 Short Sales in Livermore CA currently pending or under contingency contract on the MLS.

• 93 are detached single family homes that were listed from $199,000 to $1,490,000 (a 4 bedroom, 3 and a half- bath home with a reported 3,772 sq. ft. of living space in Ponderosa Legacy)
• 28 are attached homes (condos, townhomes and duets) that were listed from $70,000 (for a 1 bedroom, 1 bath condo with a reported 758 square feet of living space) to $399,000 (for a 3 bedroom, 2-1/2 bath townhome with a reported 1,840 square feet.)

Click here to request a list of short sales currently available for you in Livermore CA and to receive new listings for short sales as they come on the market!

May 14th, 2009 - CURRENT INVENTORY - There are 84 Short Sales in Livermore CA currently being offered through the MLS.

· 19 are condos, townhomes and duets listed from $89,900 (for a 1 bedroom, 1 bath with a reported 758 square feet) to $499,000 (for a 3 bedroom, 2 and a half bath condo with a reported 1,744 square feet). For attached homes, the median price of short sales in Livermore is $255,000.

· 65 are detached single family homes, listed from $218,900 to $1,300,000. For single family detached homes, the median price of short sales in Livermore is $425,000.

Archives for Short Sales in Livermore CA:

Short Sales in Livermore CA March 2009

Short Sales in Livermore CA February 2009

Short Sales in Livermore CA January 2009

Short Sales in Livermore CA November 2008

Short Sales in Livermore CA December 2008

Short Sales in Livermore CA October 2008

If you like these reports and want to work with an agent who will be sure you have the market information you want and need before you purchase a home or investment property, Contact buyer's agent Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Buying or selling Livermore CA real estate, or looking for homes for sale in Livermore CA contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills.

Please contact Vickie Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Walnut Creek, Walnut Creek and Concord. Search the MLS - Keller Williams Realty

Visit Short Sales in Livermore CA for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

The Alameda County Planning Department will hold a town hall-style meeting on Wednesday, April 22, to gather community input on the South Livermore Specific Plan. The event will be held from 6-8 p.m. at the Robert Livermore Community Center at 4444 East Ave. in Livermore. The topic for the town hall will be the definition of a "winery."

REALTOR® Impact: The South Livermore Specific Plan establishes land use regulations for parcels in the unincorporated areas south of Tesla Road. Changing these regulations and permitted uses for land in this area could directly impact both private property rights and property values.

Next Steps: If you or your clients own property in South Livermore, please attend town hall on April 22. For additional information, please contact Jana Beatty Weldon, senior planner for Alameda County, at jana.beatty@acgov.org or (510) 670-5400.

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April 15th, 2009 - 20 Short Sales in Livermore CA sold and closed during March 2009. 16 were single family homes and 4 were attached homes (including condos and townhomes).*

· 16 detached single family homes sold from a low of $250,000 to a high of $750,000. The median sale price of short sales in Livermore CA is $350,000 for single family homes after an average 78 days on the market.

· 4 attached homes (including condos, duets and townhomes) sold from a low of $120,000 to a high of $240,000. The median sale price of short sales in Livermore CA is $173,000 for attached homes after an average 49 days on the market.

April 15th, 2009 - There are 106 Short Sales in Livermore CA currently pending or under contingency contract on the MLS.

• 83 are detached single family homes that were listed from $199,000 to $1,490,000 (a 4 bedroom, 3 and a half- bath home with a reported 3,772 sq. ft. of living space in Ponderosa Legacy)
• 23 are attached homes (condos, townhomes and duets) that were listed from $120,000 (for a 2 bedroom, 2 bath condo with a reported 955 square feet of living space) to $399,000 (for a 3 bedroom, 2-1/2 bath townhome with a reported 1,840 square feet.)

Click here to request a list of short sales currently available for you in Livermore CA and to receive new listings for short sales as they come on the market!

April 15th, 2009 - CURRENT INVENTORY - There are 74 Short Sales in Livermore CA currently being offered through the MLS )down from 98 last month).

· 19 are condos, townhomes and duets listed from $90,000 (for a 1 bedroom, 1 bath with a reported 690 square feet) to $499,000 (for a 3 bedroom, 2 and a half bath condo with a reported 1,744 square feet). For attached homes, the median price of short sales in Livermore is $220,000.

· 55 are detached single family homes, listed from $229,900 to $1,300,000. For single family detached homes, the median price of short sales in Livermore is $419,000.

Archives for Short Sales in Livermore CA:

Short Sales in Livermore CA March 2009

Short Sales in Livermore CA February 2009

Short Sales in Livermore CA January 2009

Short Sales in Livermore CA November 2008

Short Sales in Livermore CA December 2008

Short Sales in Livermore CA October 2008

If you like these reports and want to work with an agent who will be sure you have the market information you want and need before you purchase a home or investment property, Contact buyer's agent Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES (925) 407-7987 or click to e-mail Vickie Nagy

Buying or selling Livermore CA real estate, or looking for homes for sale in Livermore CA contact me as I am a skilled agent, offering extensive knowledge and strong negotiation skills.

Please contact Vickie Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Walnut Creek, Walnut Creek and Concord. Search the MLS - Keller Williams Realty

Visit Short Sales in Livermore CA for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.