East County Market Statistics

February 2009

SPENCER & EHLING Realtors®

925.250.0399 (JANICE) OR 925.381.3224 (CINDY)

www.JaniceSpencer.com Www.learn2ownit.com

Investors, prospective purchasers, and homeowners all may

find it helpful to keep abreast of sales activity in their home

town and the surrounding area. This report is designed to give a

market snapshot each month and then compare it with the same

month a year earlier. Please note that only closed sales statistics

from the previous year can be provided, explaining the absence

of numbers in the Active and Pending columns.

In order to capture all of the pertinent information, this

report will not be updated until after the middle of the month to

allow for late reporting on closings. If you have any questions

on the statistics or would like help calculating depreciation or

appreciation, please give us a call.

Windermere Signature CollectionWindermere Signature CollectionWindermere Signature CollectionWindermere Signature Collection 5119 Lone Tree Way5119 Lone Tree Way5119 Lone Tree Way5119 Lone Tree Way Antioch, CA 94531Antioch, CA 94531Antioch, CA 94531Antioch, CA 94531 925925925925----250250250250----0399039903990399

Article courtesy of Janice SpencerArticle courtesy of Janice Spencer

Notes: Closed sales for the area were up over 300% for this February compared to February

2008. Average sales prices across the market have declined by 39%, but this is not to say that property

values have declined by this same percentage. It is important to remember that average prices fluctuate

for a number of reasons besides general decrease in value. The BIG NEWS is that pending sales ac-

tivity this month is up over 270% compared to last month while inventory remains static.

January 2008 Stats Active: Pending: Sold: Avg. Sales Price $

Antioch 64 $316,017

Brentwood 38 $455,268

Bay Point 6 $287,150

Discovery Bay 15 $559,925

Oakley 21 $341,200

Pittsburg 21 $290,457

January 2009 Stats Active: Pending: Sold: Avg. Sales Price $

Antioch 584 560 186 $185,901

Brentwood 331 270 84 $336,625

Bay Point 130 116 35 $105,055

Discovery Bay 115 65 26 $379,474

Oakley 235 184 57 $207,054

Pittsburg 386 303 131 $163,604