The percent of homes in contract in the East Bay rose by 2% from July 2011 to August 2011. For the two years, this percentage has fluctuated from a low point of 16% up to 30%.
With over 35% in contract indicating a sellers’ market, 25-35% a balanced market, and under 25% a buyers’ market, in the past 6 months, we have seen the market sway on the edge of a buyers’ market.
If you are currently looking to buy or sell a home in the East Bay/Alameda County call FRITZ for all your real estate needs. Click on the chart below for all the up-to-date information on the Bay Area real estate market.
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