As a team representing an almost equal split of buyers (49%) and sellers (51%) in 2024, we have unique insight into Lamorinda's local market dynamics. Here's what you need to know:
Current Market Snapshot
The early 2025 market is showing stronger-than-expected activity. We're seeing robust buyer interest across our listings, with particularly intense competition for well-maintained properties in prime locations. This trend is consistent across top Bay Area agents' observations.
2024 Market Performance
Lamorinda's housing market demonstrated resilience in 2024 with a 1.4% appreciation from 2023. While median home prices remained below the 2022 peak, we saw increased listing and sales volumes, though with longer selling periods and more moderate bidding activity.
Economic Context
The economic landscape improved throughout 2024:
- Inflation decreased to 2.7%
- The Fed implemented three rate cuts
- The stock market posted strong gains
- Consumer confidence increased 6% year-over-year
Strategic Opportunities
For Buyers:
Current conditions present a strategic opportunity. Acting now, before potential interest rate adjustments and increased competition, could position you advantageously in the market.
For Sellers:
Market conditions are favorable with current inventory levels and active, qualified buyers. Our recent sales data shows particularly strong outcomes for sellers who enter the market early in the season.
Why Partner With Us?
For the past 20 years, we've had one goal: your success. Our daily presence in these neighborhoods lets us spot market shifts early and provide you with real-time insight. When paired with our two decades of experience, it gives our buyers and sellers a sharp advantage in timing their moves to achieve the best possible results.
Ready to discuss your real estate plans? Contact us to leverage our market expertise and make informed decisions in this dynamic market.
