Livermore and Pleasanton inventory squeeze

Dated: March 3 2013

Views: 924

Livermore and Pleasanton markets along with several other East Bay markets are experiencing significant inventory shortage as buyers continue to compete with the limited supply. Pending properties in both cities combined is 282 while the number of active properties is just 115.

These figures indicate an inventory inbalance and that it is definitely a seller's market. We sure hope to see more inventory as we move toward spring. There are still opportunities for buyers but during this unique market situation, different strategies need to be employed to ensure a winning offer.

Want to Advertise on this Site?

Latest Blog Posts

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

The Dangers Of Overpricing In Diablo Valley

Compass ran an analysis on homes that are priced less than 2MM in Contra Costa County and throughout #DiabloValley area. Compass compared overpricing a home with those priced at fair market value.

Read More

The Winter Season

Winter is here you can feel the chill in the area coming from Pacific ocean off the bay. This week, especially today with the strong winds making a mess of all the leaves that everyone did their

Read More

Prop 5 Expected Inventory Impact

Proposition 5 qualified for the ballot this year with over 1 million signatures from registered voters. If this proposition passes it will enable homeowners who are 55+ to sell their existing

Read More