Antioch Housing Market Report for September 2009

Antioch Housing Market Report for September 2009.

This Antioch Housing Market Report focuses on Home Sales in Antioch California in September 2009 and compare them to sales in August 2009. It also provides information on Homes Currently for Sale in Antioch California. This Antioch Housing Market Report are based on Single Family Homes and taken from the Multiple Listing Service (MLS) on October 12, 2009 and October 17, 2009.

Contrary to popular belief Prices in East Contra Costa County continue to head up in each and every community. If the number of sales is down it is because there are fewer homes on the market.

The Antioch Housing Market is showing someminor declines, but the market availability is shrinking. In August there were 170 Homes Sold in the Antioch Housing Market the average price was $222,369.00 and the Median Price was $224,950.00. The average Listing Price Per SF on the homes sold in Antioch California was $106.00, but the average Sold Price was $109.00 per SF. The average days on market for sold homes was 31.

In September both the asking and selling price per SF declined. The Average Price went down to 201,140.00 and the Median price went to $197,500.00. But, there were only 149 Home sold. The average days on market was 27.

Currently there are 164 Homes Availble in the Antioch Housing Market with an Average Asking Price of $244,318.00 and a Median Asking Price of $224,950.00. The average asking price per SF is $122.00 with Average Days on Market of 55.

The supply of homes is less than 2 months. We are in a traditional slow season, but I suspect prices will hold steady if not continue up through the end of the year. It is hard to predict long term market trends with the flood of new initiatives to head of foreclosures.