The Value per Square Foot
We have seen a dramatic increase in house prices per sq/ft over the last decade in the Lamorinda area of Contra Costa. From a low of $425 in 2012, we are now at $650, an increase of over 50%, at an average per sq/ft. While the house prices have moved up dramatically, the inventory of homes is at a new low. If you are contemplating selling your property, this is the perfect time to bring your property to the market. Similarly, if you are in the market to buy, take advantage of the record low-interest rates and act fast before prices begin to increase even more!
Interested in learning more? I am here for you!
Chawla Real Estate Team