Click On Chart To Enlarge
Click on chart to enlarge
This chart represents the number of homes for sale in these zip codes. If you are buying or selling a home in North Oakland you want to be aware of these numbers. From a year ago the supply of inventory dropped by a half. There are not enough properties to keep up with the demand. If you're planning on buying in this area you should be prepared to offer more than the list price, not that it will necessarily happen but I've seen throughout the summer and fall that good houses tend to go over the asking price and sometimes by a great deal. If you are planning on selling your home in North Oakland, prepare it with care if you can, paint, upgrade, landscape, refinish wood floors, and you probably will get top dollar for your home. I do not expect these numbers to last forever, but North Oakland has been undervalued and it appears to me to be poised to be the next Temescal. There are numbers of cafes and restaurants opening and proximity to BART, Berkelely, Emeryville, and Freeways along with some real charming homes and nice neighborhoods make it a great choice for many.
If you are thinking about buying or selling a home in North Oakland check this blog for timely information. Also feel free to call or email email@example.com or check out my website http://www.billfletcherhomes.com/ for more information about buying or selling a home in North Oakland, or elsewhere in the East Bay