Rockridge Real Estate Information
Tools to help you find the right home
Home Page Buying A Home In Rockridge
The home styles in Rockridge, range from Craftsman, Brown Shingle, Victorian to
California Mediterranean and ultra-modern. Most homes in this area were built between
1910-1950
Everyone has heard that location is one of the most important factors in determining the
value of real estate. This is true. However, the most important factor that determines how
much a property can be priced at is the level of demand for the particular neighborhood.
As one of the most popular residential neighborhoods in Oakland and the greater East Bay,
Peter Wardhana homes in the Rockridge district have enjoyed a very high level of demand, and consequently
Residential Real Estate Specialist have commanded a significant price premium over the past decade.
(510) 582-6100
peter@rockridgerealestate.com Starter homes in lower Rockridge are typically 2 to 3 bedroom homes between 1100-1500
Keller Williams Realty square feet, that range in price from the high six hundred thousands to the mid eight hundred
thousands.
Mid priced homes in Rockridge are usually between 1600 to 2200 sqft, and range in price
Do It Yourself between the mid 800 thousands to over a million dollars.
The
higher end homes in Rockridge typically start around $1.5 million and go way
up beyond that.
Current Market Conditions
May 10, 2006
Currently the market has slowed down from the hyper active market of the past few years.
Consequently home buyers have the luxury of not having to desperately race to homes the day
they come on the market and don’t have to worry about crazy bidding wars that have pushed
some Rockridge home prices over $100,000 above the asking price.
During the past 3 months instead of seeing most homes selling for significantly above the asking
price, some now sell for below the asking price.
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