oakland sales data: Oakland, CA Residential Real Estate Market Data: Q4 2006 vs. Q4 2008 - 02/24/09 02:00 PM
Dear ActiveRain Member,
In response to requests from many of you for market data, I have prepared a comparison of residential real estate sales in Oakland for Q4 2006, Q4 2007 and Q4 2008.
 The numbers tell a very interesting story. 
 
 From Q4 2006 to Q4 2008 for detached homes, dollar volume was down 35.9%; average sales price was down 47.0% and median sales price was down 63.6%.
 What does this really mean?  Single family home values have not all depreciated 47%-64% (though property values in all Oakland zip codes are lower than they were in 2006).  The majority of … (0 comments)

 
Andy Read (Caldecott Properties)

Andy Read

Oakland, CA

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Caldecott Properties

Fax: (510) 594-2424

Office: 510(594) 240-0222

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