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  • Writer's pictureJudy Sin

Jan 1-15: Lafayette, Moraga, Orinda Sold and Pending Homes

Updated: Feb 2


Snapshot of homes closed and in contract in Lafayette, Moraga, Orinda from Jan 1-15

Total sold: 14

Lowest: $410,000/ Highest: $2,800,000

Median days on market: 44 days

Median sold price: $1,715,000

Total transactions: Approx $23m

Total pending: 5

Lowest: $599,000/ Highest: $1,895,000

Median days on market: 10 days

Median asking price: $1,495,000

Total For Sale: 38

Lafayette (21) - median price $2,149,000

Moraga (3) - median price $1,200,000

Orinda (14) - median price $1,999,000

Happy New Year all!

Q4 in 2022 was uncomfortably slow in many markets across Bay Area CA (due to the high interest rates). As rates continue to improve (30 year jumbo under 6% currently), I am seeing an uptick in activities among my buyers.

Here’s what you can do to get ready for spring market:

1. Get pre-approved for a mortgage

Get a clear picture of your financing situation before you look for properties.

2. Work with a dedicated buyer agent

It is important to work with a buyer agent, to understand the market/price trends, disclosure package, pros and cons of each property. I’ll be happy to guide you through the home buying process.

3. Submit a winning offer

There are multiple ways (terms, financing, contingency etc) to craft your offer so it stands out and win you the home.

Do you have any questions about value in Lafayette, Moraga, Orinda CA, or what’s going on in the market? Reach out to Lamorinda realtor Judy Sin today.

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