Sunday, July 17, 2016

New Listings Low in Bay Area Real Estate Market | Published: 7/13/2016 | Homesnap Real Estate News

New listings have fallen in the SF Bay Area market, reaching a low that hasn't been seen since April. They also had a 30-day tally of 6,323 sales. With a total of 1,827 new listings, Alameda County contributed the most. Potential buyers should note that prices are coming down in the Bay Area Metro Area, and for this period the median sales price slid from $760,000 to $758,000. There are only two months of inventory available in the Bay Area Metro Area, and combined with shrinking new listings numbers, it's a definite seller's market.
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