East Bay pacificunion.com
A Closer Look at the East Bay
East Bay Snapshot: Q2 2015 vs. Q2 2014 Sales Volume Q2 '14
Homes Sold
Avg. Days on Market
Q2 '15
% change
Q2 '14
Q2 '15
% change
Q2 '14
Q2 '15
% change
Median Price Q2 '14
Q2 '15
% change
Alameda
$
79,838,483
$ 103,441,500
30%
90
105
17%
20
16
-20%
$
804,000
$
890,000
11%
Albany
$
22,982,000
$
31,206,950
36%
28
33
18%
14
18
29%
$
776,000
$
950,000
22%
Berkeley
$ 164,538,775
$ 173,352,490
5%
150
150
0%
20
16
-20%
$
893,500
$ 1,049,500
17%
El Cerrito
$
50,367,288
$
47,530,235
-6%
66
60
-9%
23
17
-26%
$
705,750
$
770,000
9%
Kensington
$
21,498,024
$
17,396,168
-19%
22
18
-18%
21
19
-10%
$
832,630
$
897,500
8%
Oakland*
$ 331,682,382
$ 384,837,834
16%
377
389
3%
23
21
-9%
$
790,000
$
860,000
9%
Piedmont
$ 128,584,725
$ 103,179,378
-20%
65
45
-31%
17
15
-12%
$ 1,740,000
$ 2,150,000
24%
Source: Terradatum, July 6, 2015. Data is for single-family homes in selected East Bay cities; *Oakland ZIP codes 94602, 94609, 94610, 94611, 94618, 94619, and 94705.
East Bay Price Range Snapshot: Q2 2015 vs. Q2 2014 Sales Volume Q2 '14
Homes Sold
Avg. Days on Market
Median Price
% change
Q2 '14
Q2 '15
% change
Q2 '14
Q2 '15
% change
13,185,003
-53%
69
33
-52%
33
65
97%
$
430,000
$
400,000
-7%
Over $500,000 $ 771,219,374
$ 847,759,552
10%
729
767
5%
20
17
-15%
$
853,000
$
940,000
10%
$500,000 $1 million
$ 345,735,964
-1%
468
443
-5%
19
17
-11%
$
749,500
$
785,000
5%
$ 502,023,588
18%
261
324
24%
21
16
-24%
$ 1,365,000
$ 1,350,000
-1%
Under $500,000
$
28,272,303
$ 347,560,587
Over $1 million $ 423,658,787
Q2 '15 $
Q2 '14
Q2 '15
% change
Source: Terradatum, July 6, 2015. Data is for SFH in the East Bay: Alameda, Albany, Berkeley, El Cerrito, Kensington, Piedmont, and Oakland ZIP codes 94602, 94609, 94610, 94611, 94618, 94619, and 94705.
Oakland Snapshot: Q2 2015 vs. Q2 2014 Neighborhood
Homes Sold Q2 '14
Average Price
Q2 '15
% change
Q2 '14
Q2 '15
% change
Montclair / Joaquin Miller
83
102
23%
$1,065,932
$1,089,188
2%
Crocker Highlands / Grand Lake
39
34
-13%
$930,629
$1,174,117
26%
Rockridge / Claremont
50
50
0%
$1,398,809
$1,559,888
12%
Glenview/Oakmore
34
30
-12%
$845,764
$921,586
9%
Laurel / Dimond
17
15
-12%
$513,417
$668,550
30%
Redwood Heights / Lincoln Heights
34
33
-3%
$677,101
$790,910
17%
Crestmont / Ridgemont / Skyline
14
13
-7%
$1,099,464
$1,266,692
15%
Temescal / Piedmont Ave.
11
19
73%
$816,005
$976,000
20%
Source: EBRD, July 6, 2015. Data is for single-family homes in selected Oakland neighborhoods.