Homes Flying Off The Market In Record Time Thanks To Low Inventory

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According to the Housing Shortage Report from Realtor.com, the United States is currently experiencing the most serious inventory shortage in 20 years. The historically low inventory is driving up home prices across the country. However, that's not stopping homes from selling like hotcakes. According to recent data from the National Association of Realtors, homes stayed on the market for an average of 26 days in April—that's down from 30 in March and the fewest number of days since the Association began tracking the data back in 2011.

The Takeaway

If you've been thinking about selling your home, now is the time to do it. There's never been a better time to get top dollar for your home. And if your sale follows the trend, you're likely to have a "Sold" sign in your front lawn by this time next month.

Highest SOLD priced 2bd townhouse in all of Union City

This was one of the smoothest transactions ever!  Buyers are coming in well qualified with atleast 20% down and competitively with NO CONTINGENCIES!  There is no better time to sell than right now!  The market is on Fire!    Please contact me today at 510-552-5280. 

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The Bay Area Real Estate Market continues to soar to record highs!!!

The Bay Area Real Estate Market continues to soar to record highs!!!  According to the Mercury News:  Bay Area home prices reached a new record in March with median sales topping $820,000, continuing an unprecedented six-year streak as buyer demand outpaces the supply of available homes.

Here are some highlights since last April of 2017 in the East Bay along the 880 corridor!

  • Inventory up 50% since last April
  • Days on Market - 16 days
  • Up 35% in Berkeley
  • Up 25% in Newark
  • Up 20% in Union City and San Leandro
  • .....AND in Contra Costa County....Up 50% in Richmond - Unbelievable!

Watch the May 2018 East Bay Real Estate Weather Report to learn more about what's going on in your these areas:  East Bay, Contra Costa County, West Contra County, La Morida, Tri-Valley, and the Delta.

If you are interested in finding out what your home is worth today please make sure to contact me at 510-552-5280 or realizahomes@gmail.com.

"Wanna buy a house in the EastBay...here's a tip: Move Quickly"!

{ "Wanna buy a house in the EastBay...here's a tip: Move Quickly"! } Awww man. The #eastbay along the 880 corridor is sizzling 🔥🔥🔥Hotttt! In March we saw inventory move on average in 3wks (usually that type of activity we see in late Spring and early Summer). .
[ 🔥BIG INCREASES in Alameda County was Union City and Newark with homes at median prices topping $1 Million. ] .
[ 🔥Biggest Jump in CC county was the 42% increase in #richmondca since March last year! 🔥 ]
[ Stats in EB 880 corridor compared to March 2017 ]
• Inventory down 20%
• AVE DOM: 17 days
• Sales up 13% .
☆ Median Sales Prices in March ☆
#unioncityca $1,075k
#newarkca $1,010k
#haywardca $712k
#sanleandroca $715k
#sanlorenzoca $660k
Please call me at 510.552.5280 if you have any #realestate questions!
Bay Area weather report can be viewed here: https://youtu.be/i3djOqUPXYI
#teamadriennerealiza #legacyrealestateandassociates #bayarea #unioncitycarealtor #unioncitycarealestate #tricity #bayarearealestate #homeownership #besttricityhomes #myunioncity #theune - #regrann Regrann from @legacyrea_adriennerealiza -