At The Tipping Point? – Antioch Housing Market!

Yesterday I did a blog on the Brentwood Housing Market. One of my clients asked me about Antioch Home Sales. As each market is local here is a report on Antioch Home Sale trends. This report is based on Antioch Home Sales and Antioch Homes for Sale on the Multiple Listing Service for Antioch, California. These numbers are for Single Family Homes only.

In January 2009 there were 167 home sales in Antioch, California. The average price for Home Sales in Antioch California was $199,646.00 with a median Antioch Home Sale price of $200,000.00.

In February 2009 there were 169 home sales in Antioch, California. The average price for Home Sales in Antioch California was $196,722.00 with a median Antioch Home Sale price of $198,850.00. Over a one month period in Antioch California this is a decrease of about 2% and a slight increase in homes sales. However other current stats look very good.

Currently there are 517 homes for sale in Antioch California. The average listing price is $219,239.00 and the median listing price of homes for sale in Antioch California is $204,000.00. In past months the sales price on average has been 91% of asking price on average for homes for sale in Antioch California. Based on the Current listing price for homes for sale in Antioch California this would indicate a average sales price for homes in Antioch of $199,507.49.

In short I think home prices in Antioch are stabilizing. I also think they may start to go up. With 517 homes on the market there is less than a four month supply of homes, which is low, and the number of homes is much lower than a year or two ago when over 1000 homes would be on the market at one time. The influx of bailout programs, loan programs, and market changes are having an impact on home sales. I think now is one of the best times to buy in history.

For more information on Antioch Home Sales, Living in Antioch, or other communities please contact me directly. I can send you a list of available homes that meet your needs. Or search all the homes for sale directly on my wb site www.AskGene.info; and please subscribe to this Blog.