Orinda, California Real Estate Market Trend Report for the weeking ending 3/7/2010

Real Estate Market Report for Orinda, California.

Active Listings

Number of Active Listings = 46, of which 6 are either short-sales or bank-owned property

The Highest Active list price is $3,695,000

The Average Active List Price is $1,442,872 with a Median* Active List Price of $1,222,000

The Lowest Active List Price is $400,000

In Contract and Pending

Number of sales pending = 18, of which 7 are either short-sales or bank-owned

The Highest Pending List Price is $1,395,000

The Average Pending List Price is $972,655 with a Median* Pending List Price of $997,475

The Lowest Pending List Price is $360,000

Note: Actual sold prices are not disclosed until the transactions are closed.


This week's market activity by Quartile:

Closed Orinda home sales for the month of February, 2010

Number of closed sales = 7, of which 2 were short-sales or bank-owned

The Highest Closed Price is $1,700,000

The Average Closed Price is $1,145,385 with a Median* Closed Price of $945,000

The Lowest Closed Price is $749,000

* 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 Orinda, California.