Real Estate 680

Walnut Creek Real Estate Continues to Improve

Written by Sam Benson on July 14th, 2009 - Please leave a comment.

Single Family Homes in Walnut Creek, California continue to show signs of improvement.  Recent TrendGraphics show there is 3.9 months of inventory.  That means if no more homes come on the market, it would take 3.9 months to sell the current inventory.
The average sales price for a single family home in Walnut Creek for the month of June was $675,000.   This is an 5.4% drop from 18 months ago.

Average days on market are about the same for the past 18 months, just a 2% increase.

I’m seeing more buyers in the Greater Walnut Creek real estate market.  This holds true for most price ranges.  There is definitely an increase in the first time buyer markets in both single family and multifamily.