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Homes for Sale - Danville, San Ramon, East Bay California

Months of Homes for Sale in Danville, San Ramon and East Bay California

The Months of Inventory for May increased by 30%, +0.56 months over the last report. Twenty-three East Bay communities had an increase and only four had a decrease.

The reason for the increase in inventory of homes for sale compared to the number of pending sales over the last thirty days may be partly due to the federal government's tax deductions for first time and repeat buyers that expired April 30th. Still in effect are tax incentives offered by the state.

The recent decline in interest rates to 5% or lower should have a positive effect on June's market activity.

San Ramon, California only has a 1.76 month supply of homes for sale. Danville, CA has a 2.36 supply of homes for sale.

See the PDF stats for:

Months of Inventory 5/31/2010
Community Active Pending Sales Mos. Inventory
Danville 184 78 2.36
Alamo 95 26 3.65
Walnut Creek 282 85 3.32
San Ramon 174 99 1.76
AVERAGE 184 72 2.56
Dublin 129 63 2.05
Pleasanton 197 102 1.93
Livermore 204 117 1.74
AVERAGE 177 94 1.88
Blackhawk 54 17 3.18
Diablo 19 2 9.50
AVERAGE 37 10 3.70
Concord 331 134 2.47
Pleasant Hill 85 37 2.30
Martinez 167 47 3.55
Clayton 55 13 4.23
Rossmoor 139 22 6.32
AVERAGE 155 51 3.04
Lafayette 119 27 4.41
Orinda 95 19 5.00
Moraga 55 15 3.67
AVERAGE 90 20 4.50
Pittsburg 173 94 1.84
Antioch 289 177 1.63
Brentwood 187 117 1.60
Oakley 135 74 1.82
AVERAGE 196 116 1.69
Castro Valley 136 46 2.96
Fremont 475 202 2.35
Hayward 377 176 2.14
San Leandro 189 71 2.67
San Lorenzo 46 21 2.19
Oakland 921 332 2.77
AVERAGE 357 141 2.53
Total (not incl. avgs) 5312 2213 2.40
Average 197 82 2.40

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FREE In-Depth Real Estate Market Reports for Danville, Dublin, San Ramon, East Bay, CA. These are the best “real time” sources of data you can get for your local market.

Email John if you would like to know more about buying or selling a home or condo in the East Bay or call (925) 895-2694

Posted Tuesday Jun 15