Lafayette, California Real Estate Market Report for the week ending 3/7/2010

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

Number of closed sales = 11, of which 3 were short-sales or bank-owned

The Highest Closed Price is $2,750,000

The Average Closed Price is $1,207,611 with a Median* Closed Price of $699,000

The Lowest Closed Price is $549,000

* The Median is the mid-point of the market where 50% of the transactions are above and 50% are below this point.

For additional details, please visit my interactive real estate trend chart for Lafayette, California.