ZERO days on market of real estate listings in Alameda County CA

ZERO days on market of real estate listings in Alameda County CA

I was curious to see how many days properties stayed on the market before offers were accepted. This chart shows the cities in Alameda County, CA.

It was surprising to see how many cities had zero days on market which suggest pocket listings, and unbelievably quick action on the agents' parts to get offers accepted.

Most of the properties that stayed the longest on the market were short sales and overpriced listings --- and that’s to no one’s surprise.

The third number, Average Days on Market, more or less shows what kind of market these cities are having. Except for one, all the cities had less than 60 days average which indicates a seller’s market. This is perhaps attributable to low housing inventory, and a time when eager buyers are eager to take advantage of declining prices of homes and low interest rates.