90-Second Real Estate Market Update Oakland Berkeley 27 Jan 2021 WITH MARKET TEMP CHECK!

90-Second Market Report Oakland Berkeley 27 Jan 2021 w/30-sec MARKET TEMP CHECK

hey it’s Tanja with your weekly market movement for oakland and the city of berkeley

so before i jump into the numbers this

week i just wanted to say that these

numbers really haven’t changed much from

week to week

over the past couple months but what has

changed is the number of buyers that are

out there on the market because that interest rate is so low

there are so many buyers out there and the competition is fierce, man

If you are a buyer that has recently gotten into contract

congratulations to you because you are very lucky

so as of the time of this recording

oakland has 250 active homes for sale on

the market this is down five percent

from the previous week putting in eight

tenths of a month worth of inventory

it’s currently taking 31 days

for a house to get into contract and

last week 43 homes were sold for an

average sale price of one million two

hundred and fifty three thousand

for condos in the city of oakland there

are 139 that are on the market right now

putting that at 1.3 months worth of

inventory

it’s taken about 46 days for our house

to get into contract

last week 10 were sold for an average

sale price of 590

000. the city of berkeley has 41 homes

for sale on the market right now this is

exactly one month’s worth of inventory

it’s currently taking 41 days for a home

to get into contract

last week five homes were sold for an

average sales price of 1.196

million dollars condos in berkeley there

are 12

on the market right now this is 1.7

months worth of inventory it is

currently taking 43 days

for a house to get into contract last

week two condos were sold for an average

sales price of 665 000

if you have any questions about this or

you want to talk to me about buying or selling a home

Contact me:

415.722.0472

otherwise give me a like, subscribe my channel, and tap the bell to get notifications for more

WHOOT!

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