The real estate market in the area is continuing to accelerate as more homes sell for more money. In October, the volume of home sales in the Bay Area increased for the 16th consecutive month and the median sale price climbed for the 6th straight month, according to DataQuick.?
In Dixon, the median sale price in September was $231,000, a 7.4 percent increase from September 2011.??
DataQuick reported Wednesday that sales in the middle- and high-end of the market are rising even as sales below $300,000 in October declined year-over-year.?
On Wednesday, Federal Reserve boss Ben Bernanke said that banks may be hampering the U.S. economy's recovery by denying home loans to creditworthy borrowers.?
At 3.34 percent, the average rate on a 30-year loan is at its lowest point since 1971.?
| Sales Volume | Median Price | |||||
| October 2011 | October 2012 | Percent Change | October 2011 | October 2012 | % Chng | |
| Solano | 554 | 598 | 7.9% | $188,000 | $216,000 | 14.9% |
| Alameda | 1308 | 1618 | 23.7% | $340000 | $384000 | 12.9% |
| Contra Costa | 1329 | 1454 | 9.4% | $250750 | $302500 | 20.6% |
| Source: DQNews | ||||||
| Contra Costa County Median Home Sale Price September 2012 | ||||
| City/County/Area | Number Sold | Sept. 2012 | Sept. 2011 | Percent Change |
| Contra Costa County | 1403 | $320,000 | $253000 | 26.48% |
| ALAMO | 23 | $1,171,000 | $975000 | 20.1% |
| CLAYTON | 17 | $475,000 | $497000 | -4.43% |
| CONCORD | 116 | $270,000 | $240000 | 12.5% |
| DANVILLE | 76 | $780,000 | $785000 | -0.64% |
| DIABLO | 4 | $1,585,000 | $2,541,500 | -37.64% |
| DISCOVERY BAY | 32 | $355,000 | $300,000 | 18.33% |
| EL CERRITO | 16 | $399,500 | $490,000 | -18.47% |
| EL SOBRANTE | 27 | $312,500 | $260,000 | 20.19% |
| HERCULES | 35 | $260,000 | $280,000 | -7.14% |
| LAFAYETTE | 26 | $835,000 | $935,000 | -10.7% |
| MARTINEZ | 65 | $328,500 | $239,500 | 37.16% |
| MORAGA | 11 | $820,000 | $752,500 | 8.97% |
| OAKLEY | 73 | $257,500 | $175,000 | 47.14% |
| ORINDA | 29 | $940,000 | $885,000 | 6.21% |
| PINOLE | 20 | $281,250 | $209,500 | 34.25% |
| PITTSBURG | 81 | $181,250 | $150,000 | 20.83% |
| PLEASANT HILL | 39 | $435,000 | $433,500 | 0.35% |
| RICHMOND | 89 | $150,000 | $133,500 | 12.36% |
| RODEO | 8 | $221,250 | $264,500 | -16.35% |
| SAN PABLO | 62 | $180,000 | $157,750 | 14.1% |
| SAN RAMON | 120 | $637,000 | $628,500 | 1.35% |
| WALNUT CREEK | 128 | $478,000 | $440,000 | 8.64% |
| Source: DQNews | ||||
?
| Solano County Median Home Sale Price September 2012 | ||||
| County/City/Area | Number Sold | Sept. 2012 | Sept. 2011 | Percent Change |
| Solano County | 533 | |||
| BENICIA | 31 | $385,000 | $308,000 | 15.1% |
| DIXON | 22 | $231,000 | $216,000 | 7.4% |
| FAIRFIELD | 155 | $239,000 | $208,000 | 14.5% |
| RIO VISTA | 15 | $190,000 | $175,000 | 8.6% |
| SUISUN CITY | 32 | $169,000 | $163 | 3.4% |
| VACAVILLE | 131 | $232,500 | $231,000 | .5% |
| VALLEJO | 147 | $190,000 | $170,000 | 11.75% |
| Source: DQNews | ||||
Source: http://dixon.patch.com/articles/dixon-home-prices-increase-slightly-as-real-estate-market-comes-back
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