Local Market Statistics
Nov
09
Albany Market Stats for August, September, October 2018
Posted In: Albany, Local Market Statistics
The Albany market saw an influx of inventory last 3 months; October 2018 saw a record number of new listings, the most to come on in one month for years. See how that compares with years past. October 2018 = 11 new listings October 2017 = 4 new listings October 2016 = 9 new listings October 2015 = 9 new [...]
Oct
23
Is the Market About to go kerplunk?
Buyers, Sellers + Realtors were all chatting about the market at our open house this past weekend. It seems that everyone is confused about the market and what was happening: Is it shifting? Is it dropping? Is it seasonal? YES!!! All of the above. The problem is that we won’t know which it is until it passes. The other problem [...]
Oct
04
The Heat of the Market
Posted In: Albany, Berkeley, El Cerrito, For Buyers, For Sellers, Kensington, Local Market Statistics
Feb
09
El Cerrito Market Update
This El Cerrito Market update will blow you away! Check out what the median price and median rent in El Cerrito has been doing since the beginning of summer last year. Week Ending Median Price Median Rent Jun – Aug $800,000 $3500 8/13/16 $751,000 $3300 10/8/16 $722,500 $3150 10/22/16 $730,000 $3150 10/29/16 $730,000 $3200 11/5/16 $755,000 $3200 11/12/16 $752,000 $3150 [...]
Jan
13
What Kind of Market is THIS
Posted In: Alameda County, Berkeley, First Time Home Buyers, For Buyers, For Sellers, Foreclosures & Short Sales, General Real Estate News, Investing, Listings, Local Market Statistics
Multiple offers, oh my! No contingencies, oh my! As long as you aren’t in Berkeley, Albany or Oakland, then it might be considered normal. Normal is defined as a market where buyers and sellers have equal bargaining power. Yah right, not here! But all joking aside, even in these very competitive markets we are starting to see some normalcy. Indeed [...]
Nov
13
Bart vs. Bus: How Living Outside of the BART Zone Will Cost you Less
Posted In: Alameda County, Berkeley, Contra Costa County, First Time Home Buyers, For Buyers, Kensington, Local Market Statistics
Did you know that if you live outside of a designated BART zone that you will not only pay less for your home but you will likely miss the feeding frenzy of multiple offers? The average home in the area around the North Berkeley BART station is selling for 130% over list price and in some cases as high as [...]
Oct
03
Prices comparing 2007 to 2016 are up, and down
Posted In: Alameda County, Contra Costa County, For Boomers, For Buyers, For Sellers, Foreclosures & Short Sales, General Real Estate News, Local Market Statistics
Seven out of ten of the Bay Area counties have surpassed 2007 prices. I am so surprised. Surprised, I tell ya! And here I thought that all counties had surpassed 2007 prices. But I was wrong. Why do we compare today to 2007? 2007 was the height of the real estate cycle (Note: real estate cycles typically last 7-10 years). [...]