1595 First Ave., Walnut Creek unloaded by Cheryl Ann Kerfeld

The home at 1595 First Ave., Walnut Creek was sold on April 22 by Cheryl Ann Kerfeld for $1.02 million.

The buyers were Mohamed Karabibane and Karabibane Safa Idli.

The property tax paid for this property in 2023 was $10,014. This is 1% of the sale price of the home.

This property is one of 54 sales in Walnut Creek (Contra Costa County) from March 22 to April 22.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.