Wednesday, December 1, 2010

East Bay Real Estate Market Data Now Posted

I just posted market data for Albany, Berkeley, El Cerrito, Emeryville, Kensington, LaMorinda, Oakland, and Piedmont on my website  This is comparative data that shows month by month for the past 2 years what the market activity was.  You can see trends, highs and lows.  Take particular note for Median Price, days on market and months supply of inventory.  Its pretty clear from this data that even though we're having a dip in prices and sales activity in many areas currently, the bottom of the market hit most areas in 2009, typically in the spring, and it will take quite a drop to match these lows.   This link (click here) will take you to the city of Berkeley to give an example of the charts.  there are 21 pages posted for each area so look at them carefully.   If you are buying a home or selling a homee you wiall want to look at this market data.  I have select zip codes posted as well if you want a more acurate picture of your area.  Look for prices, sales and interest rates to pick up this spring.  we are looking forward to a brisk market.   If you have been on the fence about buying I'd seriously consider getting off and taking action.  The economy is picking up and as it does rates will increase.  If you want to request a report for your area and it isn't posted just drop me an email and I'll get it to you as quickly as I can

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