Pacific Union International released the May 2012 Real Estate Market Update today.
Says Pac Union: “It’s a sellers’ market across the Bay Area, with buyers in April snapping up properties in all six counties served by Pacific Union International’s real estate professionals.”
What’s true in the Bay Area as a whole, is true here in Lafayette, CA. You can see that bear out in the statistics. Generally, a housing market favors sellers when more than 35 percent of homes are in contract. At the end of April, 38% of the homes for sale in Lafayette were in contract.
Click on the image below to see the Contra Costa statistics broken down by city, including Lafayette’s numbers.
Click to View Larger Image
To see statistics for the major real estate markets throughout the Bay Area, click this link.
If you’d like to discuss what these market trends mean for you, whether you’re a buyer or a seller of a home, please contact Dana Green at (925) 339-1918 or dana@danagreenteam.com.