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Greetings, everyone! In this report, I’m excited to provide you with a comprehensive overview of the real estate landscape in the East Bay over the past week. We’ll explore the number of homes available for purchase in key cities like Richmond, Berkeley, Oakland, Piedmont, and El Sobrante. Additionally, I’ll delve into the key data about recent home sales in these areas.
Summary
Richmond boasts 24 homes for sale with a median price of $636,000, while Berkeley showcases 15 listings at a median price of $1,295,000. Oakland, with a vibrant market of 106 homes, sees a median price of $799,000. Piedmont’s exclusive enclave presents 5 luxury homes with a median list price of $3,798,000, while El Sobrante offers a unique opportunity with 1 home listed at $1,000,000.
Recent sales indicate robust activity, with 12 homes sold in Richmond, 6 in Berkeley, 31 in Oakland, and 2 in Piedmont.
Homes for Sale Right Now
Richmond presents a selection of 24 homes for sale, catering to various budgets and preferences. Listing prices span from an affordable $395,000 to a high-end $1,499,000, with a median list price of $636,000.
Berkeley showcases 15 homes currently on the market. These properties range in price, from $675,000 to a luxurious $2,000,000, with a median list price of $1,295,000.
Oakland boasts an impressive 106 homes for sale. Prices are diverse, starting at $295,000 and extending to $2,995,000, with a median list price of $799,000.
Piedmont offers 5 homes for sale. These luxury properties range in list price from $1,798,000 to $12,750,000. The median list price in this area is $3,798,000.
El Sobrante currently features 1 home available for purchase, listed at $1,000,000.
Homes Sold in the Past Week
Over the past week, Richmond saw a total of 12 homes change hands. The lowest sale price was $350,000, while the highest reached an impressive $1,820,000. The median sale price stood at $710,000, which exceeded the median list price by $20,500. On average, these homes spent just 21 days on the market.
In Berkeley, six homes found new owners in the past week. Prices ranged from $875,000 to an astounding $3,900,000. The median sale price reached $1,727,500, surpassing the median list price by $255,000. The average time on the market was 19 days.
Oakland experienced a bustling week with 31 homes sold. Sales prices started at $275,000 and reached a peak of $2,305,000. The median sale price came in at $1,090,000, exceeding the median list price by $191,000. These homes were typically on the market for an average of 23 days.
Piedmont saw two homes change ownership. The lowest sale price was $2,635,000, while the highest reached $2,975,000. The median sale price was $2,805,000, surpassing the median list price by $205,500. Remarkably, these homes spent an average of only 2 days on the market.
During the past week, El Sobrante didn’t record any home sales.
Conclusion
In summary, the East Bay real estate market remains active and diverse, catering to a range of preferences and budgets. Homebuyers can find an array of options, from Richmond’s affordability to Berkeley’s upscale offerings, all the way to the luxurious properties in Piedmont.
Recent sales reflect strong demand, often exceeding list prices, indicating a competitive landscape. As we move forward, keeping an eye on market trends and opportunities will be crucial for both buyers and sellers in the East Bay area.
#EastBayRealEstate #RealEstateMarket #HomeSales #PropertyListings #MarketTrends
