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Lack of Affordability Constrains Home Sales

September 17, 2018

The continued lack of affordability in the Penninsula and Silicon Valley housing markets remains the primary factor in our housing market. As workers are priced out of those areas, they continue to look for homes in Contra Costa County with home sales up more than 10 percent in July, according to the California Association of Realtors. Indeed, there are pockets where sales may have slowed with both sales and home prices slipping a bit from June to July in the county. Nonetheless, the median home price stands at $680,000, up 7.6 percent from a year ago. 

Tagged With: California Association of Realtors, California Home Prices, California Home Sales, California Real Estate, Contra Costa Home Prices, East Bay San Francisco Home Sales, Lafayette Real Estate, Moraga Real Estate, Orinda Real Estate, Peninsula Home Sales, San Francisco Real Estate

CA BRE #01211313

Coldwell Banker Residential Brokerage
CA BRE #00616212

5 Moraga Way
Orinda, CA 94563

info@lamorindahomefinder.com

Office: 925-923-4600
Mobile: 925-878-2334
DRE: #01211313

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