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Alameda County Single-Family Homes Alameda County, and the East Bay as a whole, continues to be an attractive alternative to those searching outside of the higher-priced markets lacking available and affordable inventory. This heightened interest in the area over the last few years has led to a steadily rising average sales price for Alameda County and this quarter was no different. At $966,870, the average home here sold for 11 percent more than it did last year when the average was $873,681. Alameda County’s fourth quarter average sales price was also up 2 percent from Q3 2017. A total of 2,640 homes sold in the county this quarter for an 8 percent gain yearover-year. Alameda County also tied with San Mateo County for the quickest turnaround times seen in the Bay Area, averaging just 21 DOM, and thereby moving the transactional process along at a 20 percent faster rate than last year.

ALAMEDA COUNTY Average Sales Price

Days on Market

Average Price Per Sq. Ft.

Q4 2017

$966,870

21

$554

change

2%

6%

3%

Q3 2017

$950,445

20

$536

Q4 2017

$966,870

21

$554

change

11%

-20%

11%

Q4 2016

$873,681

26

$497

* Data is sourced from the San Francisco Multiple Listing Service, the East Bay Region District Listing Service, Bay Area Real Estate Information Services, and MLS Listings (MLS). MLS data is provided by individual listing brokerages. These are sources we deem reliable. We have no reason to doubt their accuracy, but we do not guarantee them. Past performance does not guarantee future performance

Page 24 | McGuire Real Estate Quarterly Report - 4th Quarter 2017

McGuire Real Estate Quarterly Report | Fourth Quarter 2017  

McGuire’s Quarterly Report for the San Francisco Bay Area Market for the 4th Quarter of 2017 featuring details on the state of the market in...

McGuire Real Estate Quarterly Report | Fourth Quarter 2017  

McGuire’s Quarterly Report for the San Francisco Bay Area Market for the 4th Quarter of 2017 featuring details on the state of the market in...