Anian Tunney Piedmont CA Real Estate Agent Broker Comments on the CAR August Home Sales and Price Report

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Anian Tunney Piedmont CA real estate agent broker comments on the California Association of Realtors® (CAR) August Home Sales and Price Report

Anian Tunney Piedmont CA real estate agent broker comments on the California Association of Realtors® (CAR) August Home Sales and Price Report(1) and notes that sales volume of condominiums and townhomes are up almost 8 percent from last August and are up nearly 5 percent year-to-date compared to last year. Sales volume of single-family homes in August are down 2 percent from July. This is attributed to low inventory and interest rates inching up, causing buyers to look for more affordable alternatives in condominiums and townhomes. One of the homes for sale in Piedmont is 288 Saint James Drive, offered at $950,000.

Tunney says it is interesting to note that home prices continued to rise, reaching levels not seen in more than five years. According to CAR, the statewide median price of an existing, single-family detached home was up 1.7 percent from July’s median price of $433,910 to reach $441,330 in August, the highest price recorded since December 2007.  August’s price was 28.4 percent higher than the revised $343,800 recorded in August 2012, marking a year and a half of annual price increases and the 14th straight month of double-digit annual gains.  The median sales price is the point at which half of homes sold for more and half sold for less; it is influenced by the types of homes selling as well as a general change in values. A great example of houses for sale in Piedmont is 179 Estates Drive, offered at $3,495,000.

Tunney says that according to CAR Vice President and Chief Economist Leslie Appleton-Young, “Housing inventory levels are improving, especially in homes priced below $750,000.  Indeed, the number of active listings across all price ranges has been rising on a month-to-month basis for the last six months and has reached the highest level since mid-2012. As housing supply loosens up with the seasonal slowdown, annual home price increases are expected to taper as we’ve observed in the last two months.” Magnificent French Provincial Revival Newsom Designed Estate at 150 Requa Road in Piedmont is offered at $7,400,000.

About Anian Tunney Piedmont Oakland Real Estate

Anian Tunney, agent broker with The Grubb Company, was the number one of all real estate agents in Piedmont CA in 2012 in the number of units sold and sales volume, according to East Bay Regional Data, Inc. Additionally, Tunney is always in the top two in yearly real estate sales for The Grubb Company Piedmont CA office. She is known for her knowledge, experience and networking in the Piedmont community; qualities which are invaluable in finding that special home for her clients.

Tunney has been with the Grubb Company for over 30 years. She is a fifth generation Piedmont resident, spending most of her life here, raising her family of four and active in community projects such as the Piedmont Beautification Foundation, and the East Bay Museum Auxiliary. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making it truly a family vocation. One of her clients called her the Realtor with the velvet hammer; she negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.

Contact Information
Anian Tunney
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
aniantunney.com
aniantunney.com/blog

(1) http://www.car.org/newsstand/newsreleases/2013releases/aug2013sales

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