Alameda County real estate landscape with our daily Inventory Report blog. Stay ahead of the market trends, discover new listings, and make informed decisions as we provide you with a daily dose of valuable insights into the dynamic property inventory.
We have the Months Supply of Inventory, currently standing at 1.22. This signals a tight inventory, sparking fierce competition among buyers and potentially driving prices up. 💼💰
Next, the 12-Month Change in Months of Inventory has surged by +12.96%, hinting at rising inventory levels. This might offer some relief to the intense competition and pave the way for a more balanced market down the road. 📈🏡
The Median Days Homes are On the Market is a mere 11 days. Yep, you read that right! Properties are flying off the shelves in this market, thanks to sky-high demand and limited inventory. 🚀🏠
Looking at the List to Sold Price Percentage, we’re sitting pretty at 108%. Translation? Homes are fetching a tad above their list price on average, a green light for sellers amidst fierce buyer competition. 💸💼
Last but not least, the Median Sold Price rings in at $1,200,000, reflecting the upscale nature of the properties here. Sellers, get ready to pocket a premium, while buyers may need to bring their A-game to snag their dream home. 💼💰
In summary, we’re dealing with a hot market 🌶️ characterized by tight inventory, speedy transactions, and eager buyers. Keep a close eye on these metrics to stay ahead of the game in this ever-evolving real estate landscape! 📊🏡