Lack Of Inventory Continues To Challenge Buyers

Dated: April 2 2014

Views: 7134

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.

Want to Advertise on this Site?

Latest Blog Posts

Compare Countertop Materials To Consider Both Inside And Outside Your Home

Considering selling your home? Countertops create the sizzle in the kitchen and many other areas both inside and outside the home. Check out my recent interview with HomeLight regarding the various

Read More

Low Rates Now Will Have Big Impact On Inventory In The Future

Low rates are fantastic for the real estate market right now but most certainly will lead to an inventory lock down in the future. Motivation to sell and move up which usually happens approximately-

Read More

Remodeling Surge Battles Supply Shortage ROI Challenges Heres Why

If buying isn’t an option, make it yourself. Indeed, in 2020 homeowners across the country found themselves forced into spending more time at home, and they were spending that time in different

Read More

Why Compass And Eastbaypro To Achieve Your Real Estate Goals

Compass is the only real estate brokerage brand that speaks to the next generation of luxury buyer exquisitely. This ‘next generation’ (of all ages) work in industries that have advanced far

Read More