Posts Tagged house prices

El Cerrito Market Trend

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The chart displayed is a regression analysis of sales in El Cerrito since 2006.  The sales data is expressed in $/sq ft of the houses living area.

 

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Values in El Cerrito  started dropping in early 2007.  It took until early 2012 for  prices to stabilize.     During 2010 the percentage of distressed sales was 20% compared to 4% today.   The prices are still not up to what they were in 2006-  about 10% lower, but the market is continuing to improve including both number of sales and sales prices.

 

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