East Bay - Weekly Market Report: NOV 22 - 28, 2023

Check out this NOV 22 - 28, 2023 market report! Get the best insights on when to place a plan for your new home with this weekly market guide in East Bay.

📍 Castro Valley 📍 Danville 📍 Dublin 📍 Hayward
📍 Livermore 📍 Pleasanton 📍 San Ramon

The low number of active listings, combined with zero new and sold listings, suggests a very stable but potentially stagnant market. This could indicate a waiting game where sellers are holding off for better offers.The quick median days on market reflect a market where demand outpaces supply, but the lack of new and sold listings could mean buyers are waiting for more options or better pricing.

The notably higher median sold price suggests Danville is a more upscale market. This could attract a specific demographic of buyers. A moderate number of active listings, combined with a relatively longer median days on market, indicates a more balanced market, where buyers and sellers have more room to negotiate.

The shortest median days on the market among all cities indicate a very dynamic market with quick sales, likely driven by high demand and competitive pricing. The presence of new listings, despite low active listings, suggests new opportunities for buyers entering the market.

The lowest median sold price points to a more accessible market, possibly attracting first-time buyers or those seeking more affordable options. The combination of a higher number of active listings with zero new listings indicates a stable market with consistent options for buyers.

The metrics suggest a balanced real estate market in Livermore, with reasonable demand and supply. The presence of a few new listings indicates a slowly evolving market. Minimal price changes reflect a stable market where buyers and sellers have predictable expectations regarding pricing.

The very low median days on the market combined with a high median sold price indicates a market with high demand, particularly for premium properties. With very few new and pending listings, it seems to be a selective market where buyers might wait for the right property to emerge.

A moderate number of active listings and pending sales, coupled with a relatively low median days on the market, suggests a competitive environment with a steady flow of transactions. The diversity in pricing and the number of listings indicate a market with options catering to a range of buyer preferences.


Want more professional advice on buying houses or listing your home in San Francisco Bay Area? 
Contact Tracy Tang Team for more exclusive info:

TRACY TANG
DRE# 01956297
(415)828-2961
[email protected]   
ALEX LAU
DRE# 01979954
(408)207-6113
[email protected]

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