April Real Estate Update

WalnutCreek_April

Walnut Creek has remained steady throughout the last year, no real highs and no low lows. March was an exception with spikes in median sale price and the amount of new inventory. The median sale price in March was $915,000, compared to $825,000 in February an increase of 10%. And last March the median sale price was just under $800,000, a nice increase year over year. And the number of new properties month to month went from 36 to 48, a 33% increase. The market is starting to turn and really balance out in the Bay Area. Its been a steady and slow increase but it is shifting with more buyers entering the market and more inventory. Time will tell but things are going strong for Walnut Creek in 2014 so far.

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