Wednesday, March 10, 2010

Buying or Selling a Home in Berkeley 94703

If you are thinking about buying or selling a home in Berkeley in the 94703 zip code you'll want to take a look at these charts.  Prices have dropped by 18% over the past two years and days on market has also risen which in and of themselves are not great signs for the local market.  However the last chart, supply and demand shows a different story. The number of available properties has dropped while the number of solds has risen. This should tighten up the market and create an upward pressure on prices as we enter the buying season.  Plese call me or visit my website for more information or for questions you may have.
                                    Click on charts to enlarge

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