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We analyze several housing market indicators in

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We analyze several housing market indicators in order to present an in-depth breakdown of Oakland Real Estate Market comparing February 2009 to February 2010.

Summary of Key Points

Oakland Real Estate has started showing signs of improvement with median sales price climbing up while at the same time houses are selling faster

Key Statistics Cheap Marlon Humphrey Jersey , Oakland, CA: Median Sales Price (24.02%), Median Days on Market (-32.14%), and Number of Units Sold (-21.26%), Sales Price to List Price Ratio (Feb 09 97% - Feb 10 101%).The market progressed on all fronts. Prices Up, median days on market down and sellers received more than asking price. Drop in units sold is a state wide phenomena and is related to drop in bank REOs and delayed processing by lenders on short sales.

Oakland Real Estate

The city of Oakland experienced a 24.02% increase in median sales price from last year going up from $220 Cheap Mark Andrews Jersey ,619 (Feb. 09) to $273,617 (Feb. 2010). Median days on market data for Oakland show that houses are selling faster than Feb 09. It took 60 days in Feb 09 for a house to sell and for Feb 10 that number has gone down to 40 days (a 32.14% improvement). Another important factor to consider is total number of units sold. In the month of Feb 09, 254 units were sold compared to 200 for Feb 10 (-21.26% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Oakland. SPLP ratio for Feb 09 was 97% compared to 101% for Feb 10.

Let’s take a brief look at neighbors Danville and Dublin. Danville Real Estate featured an 11.92% decrease in median sales price ($778,819 Feb 09 - $685,961 Feb 10) and Dublin Real Estate saw a 0.87% increase ($470,952 Feb 09 - $475 Cheap Hayden Hurst Jersey ,060 Feb 10). Are houses in Danville and Dublin selling faster or slower this year? Well, Danville experienced a 61.31% decrease (72 to 28 days) in median days on market and Dublin saw a 59.59% decrease (61 to 25 days). In the units sold category, Dan. Jerseys Cheap Jerseys Wholesale NHL Jerseys Cheap NFL Jerseys Wholesale NFL Jerseys China Soccer Jerseys China New NBA Jerseys Cheap Baseball Jerseys Cheap Cheap NFL Sports Jerseys Cheap NFL Sports Jerseys

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