East Bay Real Estate Market Update: Berkeley Homes Inventory

Here is a snap shot of months supply of housing inventory in the city of Berkeley from August 2007 to August 2009.  It shows a 40% decline in months supply of houses.  This is one of the main reasons that prices in Berkeley have held their value.

Please visit my website at http://www.billfletcherhomes.com/ for more information about East Bay Real Estate.  Please call or email me at bill@redoakrealty.com for a confidential consultation, home valuation or other real estate related need. 

Berkeley, Oakland, Emeryville, Real Estate Statistics--Emeryville

These Real Estate Market Statistics for Oakland, Berkeley and Emeryville will be available every month. I'll be posting them as time allows. These particular numbers are for Real Estate in Emeryville (condos only) there were no houses sold in July! There aren't a lot of houses in Emeryville to sell! If you own one you have in your possession a rarity!

-------------------------July 2009-----------------------July 2008
Median days on Market----30-------------------------------62
Median Sold Price---------416,050-------------------------423,795
High price----------------539,000-------------------------925,000
Low price-----------------195,000--------------------------229,000
Number sold-----------------9---------------------------------11