Empire Realty Assoc. | Marketing Team | Danville, Walnut Creek, Alamo, Lafayette

I recently had a great discussion with Realtors, Lisa and Jonas Tichenor about the quaint neighborhood of Saranap in Walnut Creek. Lisa and Jonas specialize in working with buyers and sellers throughout the Walnut Creek and surrounding areas and specialize in the Saranap neighborhood.

Q: Tell me about Saranap. Where in Walnut Creek is it located, what types of homes are there?

A: Saranap is a relatively small neighborhood in South Walnut Creek on the Lafayette border, just minutes from both interstate 680 and highway 24. It's popular for its close proximity to both Downtown Walnut Creek and Downtown Lafayette. In fact, you will often hear residents here proclaiming they enjoy, "the best of both worlds." The ranch-style homes were all built primarily in the post World War 2 era in the late 1940's and early 1950's, and in some cases for the soldiers and their families upon their return. Many residents have since expanded and renovated some of the homes, but kept them true to the period in which they were built which makes this area increasingly popular.

Q: How would you describe this neighborhood?

A: The neighborhood is a great mix of young families, old families, retirees, single people and couples. There are a lot of people who commute to San Francisco for work. There are also an overwhelming number of children and families as the school district for this area is primarily Lafayette. Lots of mature trees and wide streets make Saranap great for day and night time walking.

Q: What is the best thing about it?

A: The "everyone knows your name" factor is a big draw for this area. It is common place to walk across the street and borrow sugar from your neighbor or pot luck on holidays in someone's front yard.

Thanks Lisa and Jonas! Do you have a great neighborhood you'd like to tell us about? Please email me at klance@empirera.com

p.s. Curious about market trends in Walnut Creek? Click here

posted by: Katie Lance, Marketing Manager, Empire Realty Associates

Check out what the Walnut Creek, CA market looks like this week.

I thought it was important to include graphs that showcased single family homes versus condos. So although there is a lot to look at on each graph, I think each one really paints the picture of the market in Walnut Creek. Note, these graphs are for the city as a whole. If you are curious about a specific zip code, let me know and I can post that too!

So below you will see 3 graphs: Median home prices, Inventory, and Average Days on Market. Interestlingly enough, median home prices for both single family homes and condo have really been holding steady the last 3 months. Inventory is starting to climb, after a big dip in inventory earlier this year.

What I think is a really exciting stat to note is that average days on market is coming DOWN! So homes and condos are starting to sell faster which is great news for sellers. Now is still an excellent time to buy, expecially in Walnut Creek.

For additional market information, please go to http://www.empirerealty.com/localmarketupdate and you can also sign up for our free weekly email market update report!

posted by: Katie Lance, Marketing Manager, Empire Realty Associates

Interesting to compare Danville verus San Ramon!

Median home prices in Danville are seeing a slight decline while in San Ramon they are really holding steady and we saw a big spike up in just the last couple days. Inventory is slightly down for Danville, but down quite a bit for San Ramon, which may be causing prices to increase since there is more of a demand.

Both areas are great communities to live and work in and a great place to call home!

See below to see Median Home Price and Inventory information:

For additional market data, or to sign up for our weekly market report, go to http://www.empirerealty.com/localmarketupdate posted by: Katie Lance, Marketing Manager, Empire Realty Associates

Interesting to compare Danville verus San Ramon!

Median home prices in Danville are seeing a slight decline while in San Ramon they are really holding steady and we saw a big spike up in just the last couple days. Inventory is slightly down for Danville, but down quite a bit for San Ramon, which may be causing prices to increase since there is more of a demand.

Both areas are great communities to live and work in and a great place to call home!

See below to see Median Home Price and Inventory information:

For additional market data, or to sign up for our weekly market report, go to http://www.empirerealty.com/localmarketupdate posted by: Katie Lance, Marketing Manager, Empire Realty Associates

Lamorinda boasts gorgeous landscapes and its strong community. The residents pride themselves on their top-rated schools, and commitment to a quality community.

The idyllic weather and prime location near BART and access to San Francisco make it a perfect place to live and call home.Lafayette offers an idyllic environment with a blend of diverse topography, small town atmosphere, established neighborhoods and access to a variety of recreational activities. What began as a farming community has grown into one of the most sought after communities in the East Bay.

The Lafayette Art and Wine Festival is a fun-filled annual summer event located in the heart of downtown. Children in the area attend Lafayette School District for the early grades and move up to the Acalanes District for high school. Test scores are in the top five percentile in the state. For additional info about all the wonderful communites in the area, please click here : http://empirerealty.com/aboutthearea

Here is what the market in Lamorinda looks like this week: Median home prices in Lafayette, Moraga and Orinda are really starting to stabilize and level, especially when you look at the trend lines over the last 90 days. As far as inventory levels, we really saw a spike in all 3 communities in June but inventory levels are beginning to level out again. What we always knew, is still true; homes that are priced well, are "move in ready" and in a great location will typically receive multiple offers.

Median Home Prices Lafayette

Moraga

Orinda

Inventory Levels Lafayette

Moraga

Orinda

To sign up for our weekly market reports, or ror additional market information about Lamorinda and other communties, please click here: http://www.empirerealty.com/localmarketupdate

posted by Katie Lance, Marketing Manager, Empire Realty Associates