About Walnut Creek's Northgate

The housing market everywhere isn't all doom and gloom...not in Walnut Creek, CA anyway!

The following charts show the comparison of this year versus last year's sales for Detached, Single-family homes only within the zip code of 94598. This zip code is predominately located within the Northgate community of Walnut Creek.

The first charts show total number of listings, the sales terms, average/medium prices and the average days on the market (DOM).

Jan. 1 through Dec. 31, 2009 (Last Year)

Column1	No. of Listings	Dollar Volume	Average Price	Median Price	Average DOM
RESIDENTIAL
Conventional	142	$108,259,536	$762,391	$722,500	54
FHA	13	$8,194,000	$630,308	$649,000	66
VA	1	$620,000	$620,000	$620,000	8
Cash	10	$7,459,500	$745,950	$719,000	28
Other	2	$1,515,000	$757,500	$757,500	51
Totals	168	$126,048,036	$750,286	$713,500	53

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Jan. 1 through Dec. 31, 2010 (This Year)

Column1	No. of Listings	Dollar Volume	Average Price	Median Price	Average DOM
RESIDENTIAL
Conventional	156	$122,185,138	$783,238	$705,000	49
FHA	15	$9,169,000	$611,267	$635,000	50
VA	1	$590,000	$590,000	$590,000	28
Cash	21	$15,940,095	$759,052	$695,000	57
Other	4	$2,765,000	$691,250	$710,000	32
Totals	197	$150,649,233	$764,717	$695,000	49

Quick glance summary:

Number of Listings: We are up 17% over last year

Dollar Volume: Up 20% from previous year

Average Price: Up 2% from previous year

Median Price: Down 3% from previous year

Average Days on the Market (DOM): Down 8% from previous year...but that's a good thing!

Remarks: The bulk of the sales are in the price ranges of $500k to $800k (73% of total sales last year and 67% of total sales this year). Given those price ranges, it's understandable that the terms of sales fall approximately 80%-85% for Conventional financing. It is interesting to see that this year's CASH SALES doubled over last years and not necessarily in the lower price range either.

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Walnut Creek is not isolated from the distressed market, but there was an overall improvement this year. The chart below gives a breakdown of each type of sale per price range.

SHORT SALES BANK OWNED SALES REGULAR SALES

(Price Ranges)	Last Year	This Year		Last Year	This Year		Last Year	This Year
$400k - $500k	2	5		3	8		2	2
$501k - $600k	4	3		7	4		18	33
$601k - $700	4	5		4	6		35	36
$701k - $800k	4	4		6	1		34	25
$801k - $900k	1	2		1	1		14	25
$901k - $1 mil	0	0		1	0		9	9
$1 mil plus	1	2		2	0		16	26
Totals	16	21		24	20		128	156
% of Total Sales:	10%	11%		14%	10%		76%	79%

Summary: Last year, 24% of all sales were distressed versus 21% this year...good to see it go down! As mentioned above, the bulk of the sales are priced in the $500k - $800 range which is where most of the distressed sales were also at. It does show a shift more toward 'Short Sales' this year over 'Bank Owned'.

So encouraging news for Homeowners and those considering moving to Walnut Creek. Let's hope the market in this wonderful community continues to show an improvement in the housing market! If you are thinking of buying or selling a home, call your Walnut Creek Real Estate Agent!

NOTES on Data:

Information taken from the Contra Costa Association of Realtors MLS effective 12/31/10 for the time period of Jan. 1 through Dec. 31

Zip Code 94598 only

Detached, Single-Family Homes only (does NOT include condos or townhomes)

OPEN HOUSE: Sunday, July 18th from 1-4 PM

• Popular Brooktree subdivision in Northgate, this 4 bedroom/3 bath home is located on a quiet, cul-de-sac court.
• Approx. 2200 Sq. Ft. of Living Space on approx. 14,400 Sq. Ft. Lot
• Built in 1965 per county records
• Functional floor plan with dual master setup
• New carpeting, flooring and freshly painted throughout
• Large step down living room
• Formal dining room
• Family Room with wet bar
• Updated Master & Hall baths
• Refreshing pool, updated lawn area with irrigation system, and trellised flagstone patio
• Near hiking and biking trails
• Walk to 12 years of top rated schools: Walnut Acres Elem., Foothill Middle and Northgate High School
• Minutes to downtown Walnut Creek for all your shopping, dining and entertaining needs!
• NOT A SHORT SALE OR REO (BANK OWNED)

This home is listed on the Contra Costa MLS. All information is deemed reliable, but not guaranteed. For further information on this home or others for sale in the area, please contact Terri Adams-Scott, REALTOR®, J. Rockcliff, REALTORS®, DRE License #01397740

Northgate in Walnut Creek, CA is a wonderful place to call home.  There are 49, single detached family homes available for sale in Northgate.  Prices range from the low $500,000's up to $3 million.  There are some great choice of homes in each price range.

If you are thinking of moving to Walnut Creek and would like more information about this beautiful city, please give me a call at (925) 765-4339 or feel free to search the MLS.

Homes for sale in NorthGate in Walnut Creek February 2010 a Walnut Creek CA Real Estate Report on Homes for Sale in NorthGate March 27, 2010 . There are currently 19 single family detached homes for sale in NorthGate in Walnut Creek CA or NorthGate homes for sale in 94598 ranging in price from $550,000 to $2,950,000*. The median home price for homes for sale in Northgate in Walnut Creek CA is $895,000. Homes for sale in NorthGate in Walnut Creek CA are some of the most popular homes among the offerings of Walnut Creek CA real estate due to the proximity of good schools, parks and trailhead access.

The most affordable single family home in the NorthGate area is available for $550,000 and is a 4 bedroom, 2 bath home with a reported 2,009 sq. ft. of living space.

On the other end of the spectrum you will find an older estate home offered at $3,100,000. This spacious home has a reported 5,900 square feet of living space with 4 bedrooms and 5 full bathrooms that is situated on approximately 5 acres. The MLS listing describes this as a "Right before the entrance to Mt. Diablo, Over 5 Acres of level sub-dividable land (3-4 Lots possible and engineer's map available), views are fantastic, State Park next door, complete remodel 2 years ago. (NO PERMITS) Sewer and water available now. Next to grand custom homes 3+Mil.

14 single family detached homes for sale in NorthGate in Walnut Creek CA or NorthGate homes for sale in 94598 are currently pending sale. The lowest priced detached home is a six bedroom, 2 ½ bath home with a reported 3,269 square feet of living space that was offered for $299,888. At the high end there's a 5 bedroom, 5 bath home with a reported 4,032 square feet of living space that was offered at $1,699,000.

Three detached homes for sale in North Gate in Walnut Creek CA or NorthGate homes for sale in 94598 sold (closed) during the month of February 2010. The median home price of Northgate homes for sale was $760,000 for the month of February 2010. Additional details for the lowest and highest priced properties that sold follow.

Details on the home at 2766 Grande Camino in Walnut Creek, CA sold for $628,000 after 11 days on the market:

Details on the home at 2661 Nethercott Ct. in Walnut Creek, CA sold for $875,000 after 25 days on the market:

Click here to receive ongoing monthly real estate market snapshots for NorthGate
Click here to request a list of homes for sale in NorthGate in Walnut Creek

How to get there?
Homes for sale in NorthGate in Walnut Creek CA are accessed from N. Gate Rd. off Oak Grove Rd.

View Larger Map

NorthGate is a large diverse area in Eastern Walnut Creek CA. One area includes a number of subdivisions full of upper end homes, generally priced from $1,400,000 to $3,000,000 that have sprung up in the past 10 years. Another area is comprised of older homes, mostly built in the 1960's and 1970's and 1980's, generally priced from $600,000-$2,000,000 based on size, condition and updates.

50 homes for sale in North Gate in Walnut Creek CA or NorthGate homes for sale in 94598 sold and closed during 2009. Two of the home sales were townhomes. The median home price for homes in North Gate that sold in Walnut Creek in 2009 was $799,450. The average price of homes in North Gate in Walnut Creek was $835,907 for homes sold during 2009. The homes in North Gate in Walnut Creek CA that were sold in 2009 were on the market an average of 57 days.

Are you interested in what is going on in the hyper-local real estate market at this moment? The market snapshot shows homes for sale and homes recently sold, including price as well as community and school information. Click here to create your own, up to the minute market snapshot directly from the MLS.

Recent archives of Real Estate Market Updates for Homes for Sale in NorthGate in Walnut Creek CA include:
January 2010 real estate market snapshot for NorthGate in Walnut Creek CA
December 2009 real estate market snapshot for NorthGate in Walnut Creek CA
November 2009 real estate market snapshot for NorthGate in Walnut Creek CA
October 2009 real estate market snapshot for NorthGate in Walnut Creek CA
September 2009 real estate market snapshot for NorthGate in Walnut Creek CA
August 2009 real estate market snapshot for NorthGate in Walnut Creek CA
July 2009 real estate market snapshot for NorthGate in Walnut Creek CA
June 2009 real estate market snapshot for NorthGate in Walnut Creek CA
May 2009 real estate market snapshot for NorthGate in Walnut Creek CA
April 2009 real estate market snapshot for NorthGate in Walnut Creek CA
March 2009 real estate market snapshot for NorthGate in Walnut Creek CA
February 2009 real estate market snapshot for NorthGate in Walnut Creek CA
January 2009 real estate market snapshot for NorthGate in Walnut Creek CA

Buying or selling Walnut Creek CA real estate, or looking for homes for sale in Walnut Creek CA contact us as we are skilled agents, offering extensive knowledge and strong negotiation skills.

Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES - CA DRE Lic. # 01363932
(925) 407-7987 or click to e-mail Vickie Nagy
OR
Steve Nagy REALTOR®, - CA DRE Lic. #01863790
(925) 407-7853 or click to e-mail Steve Nagy

Please contact Vickie Nagy or Steve Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Livermore, Pleasanton, Walnut Creek and Concord. Search for Homes For Sale - Keller Williams Realty

To see homes for sale in Walnut Creek CA neighborhoods including NorthGate in Walnut Creek CA visit Walnut Creek CA Neighborhoods Real Estate. Click here for the Median Home Price in Walnut Creek CA . More information on homes for sale in Danville CA, including foreclosures for sale can be found at www.VickieSellsHomes.com

* 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.

Homes for sale in NorthGate in Walnut Creek January 2010 - Walnut Creek CA Real Estate Report - Homes for Sale in NorthGate February 25, 2010. There are currently 17 single family detached homes for sale in NorthGate in Walnut Creek CA or NorthGate homes for sale in 94598 ranging in price from $399,888 to $3,100,000*. The median home price for homes for sale in Northgate in Walnut Creek CA is $1,079,000. Homes for sale in NorthGate in Walnut Creek CA are some of the most popular homes among the offerings of Walnut Creek CA real estate due to the proximity of good schools, parks and trailhead access.

The most affordable single family home in the NorthGate area is available for $399,888 and is a six bedroom, 2 ½ bath home with a reported 3,269 sq. ft. of living space. The price is the opening bid at a short sale auction scheduled to be held on March 10, 2010 at the property.

On the other end of the spectrum you will find an older estate home offered at $3,100,000. This spacious home has a reported 5,900 square feet of living space with 4 bedrooms and 5 full bathrooms that is situated on approximately 5 acres. The MLS listing describes this as a "Right before the entrance to Mt. Diablo, Over 5 Acres of level sub-dividable land (3-4 Lots possible and engineer's map available), views are fantastic, State Park next door, complete remodel 2 years ago. (NO PERMITS) Sewer and water available now. Next to grand custom homes 3+Mil.

Ten single family detached, and one attached, homes for sale in NorthGate in Walnut Cree CA or NorthGate homes for sale in 94598 are currently pending sale. The lowest priced detached home is a four bedroom, two bath home with a reported 2,009 square feet of living space that was offered for $575,000. At the other end of the spectrum there's a six bedroom, four bath home with a reported 3,952 square feet of living space that was offered at $1,125,000. The attached home that is pending sale is a townhome with 3 bedrooms, two baths and a reported 1,901 sq. ft. of living space that was listed for $569, 500.

Five detached homes for sale in North Gate in Walnut Creek CA or NorthGate homes for sale in 94598 sold (closed) during the month of January 2010. The median sales price of Northgate homes was $755,000 for the month of January 2010. Additional details for the lowest and highest priced properties that sold follow.

Details on the home at 3025 Ebano Dr. in Walnut Creek, CA sold for $735,000 after 8 days on the market:


Details on the home at 3728 Shadowbrook Ct., in Walnut Creek, CA sold for $1,251,000 after 174 days on the market:

Click here to receive ongoing monthly real estate market snapshots for NorthGate
Click here to request a list of homes for sale in NorthGate in Walnut Creek

How to get there?
Homes for sale in NorthGate in Walnut Creek CA are accessed from N. Gate Rd. off Oak Grove Rd.

NorthGate is a large diverse area in Eastern Walnut Creek CA. One area includes a number of subdivisions full of upper end homes, generally priced from $1,400,000 to $3,000,000 that have sprung up in the past 10 years. Another area is comprised of older homes, mostly built in the 1960's and 1970's and 1980's, generally priced from $600,000-$2,000,000 based on size, condition and updates.

50 homes for sale in North Gate in Walnut Creek CA or NorthGate homes for sale in 94598 sold and closed during 2009. Two of the home sales were townhomes. The median price for homes in North Gate that sold in Walnut Creek in 2009 was $799,450. The average price of homes in North Gate in Walnut Creek was $835,907 for homes sold during 2009. The homes in North Gate in Walnut Creek CA that were sold in 2009 have been on the market an average of 57 days.

Are you interested in what is going on in the hyper-local real estate market at this moment? The market snapshot shows homes for sale and homes recently sold, including price as well as community and school information. Click here to create your own, up to the minute market snapshot directly from the MLS.

Recent archives of Real Estate Market Updates for Homes for Sale in NorthGate in Walnut Creek CA include:
December 2009 real estate market snapshot for NorthGate in Walnut Creek CA
November 2009 real estate market snapshot for NorthGate in Walnut Creek CA
October 2009 real estate market snapshot for NorthGate in Walnut Creek CA
September 2009 real estate market snapshot for NorthGate in Walnut Creek CA
August 2009 real estate market snapshot for NorthGate in Walnut Creek CA
July 2009 real estate market snapshot for NorthGate in Walnut Creek CA
June 2009 real estate market snapshot for NorthGate in Walnut Creek CA
May 2009 real estate market snapshot for NorthGate in Walnut Creek CA
April 2009 real estate market snapshot for NorthGate in Walnut Creek CA
March 2009 real estate market snapshot for NorthGate in Walnut Creek CA
February 2009 real estate market snapshot for NorthGate in Walnut Creek CA
January 2009 real estate market snapshot for NorthGate in Walnut Creek CA
December 2008 real estate market snapshot for NorthGate in Walnut Creek CA

Buying or selling Walnut Creek CA real estate, or looking for homes for sale in Walnut Creek CA contact us as we are skilled agents, offering extensive knowledge and strong negotiation skills.

Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES - CA DRE Lic. # 01363932
(925) 407-7987 or click to e-mail Vickie Nagy
OR
Steve Nagy REALTOR®, - CA DRE Lic. #01863790
(925) 407-7853 or click to e-mail Steve Nagy

Please contact Vickie Nagy or Steve Nagy for all of your real estate needs in Danville, San Ramon, Dublin, Livermore, Pleasanton, Walnut Creek and Concord. Search for Homes For Sale - Keller Williams Realty

To see homes for sale in Walnut Creek CA neighborhoods including NorthGate in Walnut Creek CA visit Walnut Creek CA Neighborhoods Real Estate. Click here for the Median Home Price in Walnut Creek CA . More information on homes for sale in Danville CA, including foreclosures for sale can be found at www.VickieSellsHomes.com

* 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.