ALAMEDA MARKET REPORT - THE EAST END

ALAMEDA MARKET REPORT - THE EAST END

ALAMEDA MARKET REPORT - THE EAST END, which includes the Fernside District, has good schools, tree lined streets and charming houses where many buyers are looking for homes to buy. Homes in the East End are a mix of lovely Victorians, Craftsman, Mediterranean, bungalows and Tudor homes.

A HIGH STREET VICTORIAN

EAST END MEDITERRANEAN

MONTHLY SUPPLY OF INVENTORY

The current August 2011 Monthly Supply of Inventory is down by 38% from August 2010. The monthly supply of inventory indicates the number of months it may take for the current inventory of real estate to be depleted at the present rate of sales. The absorption rate, or monthly supply of inventory according to the graph shown is 3 months. This figure indicated that at this time a seller's market exists in the East End of Alameda.

A declining figure indicates the inventory of homes for sale is decreasing since more homes are being sold than are coming on the market. A rising absorption rate indicates that there are more homes coming on the market than there are buyers willing to buy at the market price.

• Normal Market” exist when the Absorption Rate is 5-7 months.
• “Sellers Market” exist when the Absorption Rate is lower. (1-4 month)
• “Buyers Market” exist when the Absorption Rate is higher. (7+ months)

Alameda is a wonderful island community. If you would like more information about Alameda please call or text me at 510-504-5612

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