Downtown Walnut Creek is becoming quite a hot spot for seniors seeking a vibrant locale to call home. And with good reason: central Walnut Creek combines a lively urban center with plenty of dining, shopping and entertainment, plus convenient services and health care to make active senior living a snap. You couldn’t ask for better transportation, either…thanks to the speedy service provided by BART trains and County Connection buses, the entire Bay Area is at your doorstep.
Even with San Francisco beckoning across the Bay, many seniors find all the entertainment and recreation they need right in the neighborhood. The Lesher Regional Center for the Arts offers an array of exciting performances throughout the year, the Century Walnut Creek theaters offer movies galore, and Broadway Plaza boasts some of the best shopping in the Bay Area. Why leave home when there’s so much to do right down the street?
Pictured Below: 1310 Creekside Condominiums, Walnut Creek
Thinking of joining the fun and investing in a downtown Walnut Creek condo? The good news is, prices are substantially below what you’d pay for a single family home in the area. Currently the median price for a downtown condo is just over $250,000. And as you can see from the latest condo listings, you’ll be getting some impressive amenities for your money.
But now for the bad news – or let’s call it the less-good news. As you can see from the chart below, the popularity of downtown condos is having a dramatic effect on prices and inventory. Condominiums are getting snapped up by eager buyers, and the laws of supply and demand are clearly kicking in.
So what’s the bottom line on the downtown Walnut Creek condo market? It’s not too late to lock in some great prices, but I wouldn’t wait too much longer, because all signs point to that steep upward price trend continuing through 2012. Got questions about how to find the best deal on a condo? Just ask!