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Market Update for Antioch, CA

March 11, 2008

According to Trulia, prices in Antioch continue to drop, despite a brief (and most likely anomalous) jump in late ’07. While prices are down, volume of sales is up over 25% compared to the same time last year. This is good news for buyers and sellers as well as this may indicate more confidence in the public eye that conditions are good for both first time home buyers and those who have been on the fence about when to purchase.

Antioch Market Trends

No. Bedrooms

Dec ’07-Feb ’08

Compare to Sep-Nov ’07 

1 bedroom

$155,172

-11.6%

2 bedrooms

$199,991

-10.8%

3 bedrooms

$303,608

-9.1%

4 bedrooms

$390,545

-20.3%

all

$350,220

-13.2%

Graph

As new listings continue to come on the market and the mortgage industry remains volatile, it’s prudent to check in with your Real Estate Professional for up to the minute information.

As always call me with questions on REO properties or any of your Real Estate needs, toll free at 1-800-783-7175.  

Cecily Tippery, Coldwell Banker Amaral and Associates.  

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