Glen’s East Bay Housing Market Statistics for September ‘09
- In some areas (San Pablo, Richmond, etc), the average sales price is exceeding the average list price.
- Inventory is the lowest I’ve seen since I started tracking inventory in July, 2005.
- Multiple offers are again the norm for well priced properties in desirable areas.
- REOs are becoming less of a factor, accounting for only 15% of the active listings, while accounting for 47% of the sales in the past 4 months.
Glen’s Numbers – September 2009 Edition
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