2011 Northgate Market Update

Kathy Vendel January 2, 2012

Here is a snapshot of Northgate 2011 sales stats, as compared to 2010. In a nutshell, home prices in Northgate decreased about 1% last year and the average cost/sq ft decreased 5%, while the average days on market average increased 20%.

2011 2010 % change
# Homes Sold 102 125 -23%
Avg. List Price $833,726 $838,181 -1%
Avg. Sold price $807,919 $817,934 -1%
High Sold Price $2,370,000 $1,980,000
Low Sold Price $351,000 $460,000
Avg. Cost per Sq Ft $320 $335 -5%
Avg. Days on Market 55 44 20%
Avg. # Bedrooms 4 4
Avg. # Bathrooms 2 2.5
Avg. Sq Ft 2522 2443
Avg. Lot Size 14637 15080

These stastics emphasis the importance of a strategic marketing plan when selling your home. Traditional real estate services do not contain the marketing components needed to help you succeed and profit in a challenging real estate market. My proprietary Launch plan is designed to provide a higher level of service to help you achive maximize results.

If you are planning to sell your home this year, please call me to schedule a complimentary strategy meeting to discuss how we can work together achieve success, 925-980-3951.

I’m here to help!

Kathy Vendel, Northgate Realtor

Please note that these statistics are based on my own personal analysis from data obtained from the MLS. Accuracy of information is not guaranteed.

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