Lack Of Inventory Continues To Challenge Buyers

Lack Of Inventory Continues To Challenge Buyers

The Northern California East Bay market continues to face the challenges of low inventory. Many homeowners are in the "wait it out one more year" mode as they are just breaching their underwater mark and many are looking to build extra equity before making their move up to another property. As of this morning, there are 2719 active listings throughout the east bay market which includes Alameda & Contra Costa County. The pending stats show how strong the buyer interest is with 3651 pending properties in the same area. Those figures indicate there is less than one month of inventory on the market. Spring is in swing with many new listings but buyers will need to react fast to new listings as days on market are often 10 days or less. 

The EastBayPro Team ranks in the top 1% in the east bay market. We would be delighted to put our track record, knowledge and expertise to work for you when the time is right.

The EastBayPro Team of Keller Williams Realty
Kevin R Kieffer, Naomi T Kieffer, Craig Taylor, Dana Grant, Matt Rubenstein, Heather Gowdy & David Johnson
Offices in Danville & Walnut Creek serving the entire east bay.


Kevin Kieffer Headshot
Author:
Phone: 925-300-8000
Dated: April 2nd 2014
Views: 7,038
About Kevin: Kevin R. Kieffer is a Broker Associate and Realtor with Compass. His primary focus is the East Bay r...

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