Wednesday, May 16, 2012

[San Leandro] - RealWatch, New: 14, Reduced: 6, Sold: 22

The Last 7 Days of Market Activity for San Leandro

If you're considering selling your home we should be on your A list. Here's why.

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Hayward, Castro Valley, San Lorenzo, San Leandro,Alameda,  Clayton, Concord, Newark, Union City, hercules Realtor
Wayne Gregori
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Jill Gregori
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RealWatch for Email Lists San Leandro 
Market Overview
Sellers Market in the Bay Area -

It's a sellers' market across the Bay Area, with buyers in April snapping up properties in all six counties. 

Generally, a housing market favors sellers when more than 35 percent of homes are in contract, and a buyers' market is indicated when less than 25 percent are in contract. A market is considered balanced when 25 to 35 percent of the homes are in contract.     

Here's a snapshot of the percentage Bay Area homes in contract at the end of April:

  •  San Francisco: 40 percent  
  •  East Bay (Alameda County): 41 percent   
  •  Sonoma County: 46 percent    
  •  Contra Costa: 48 percent   
  •  Marin: 48 percent    
  •  Napa Valley: 55 percent     

Market activity during the last 7 days (single family homes):
  • 14 - Newly Listed Homes for Sale (last week)
  • 6 - Price Changes of Previously Listed Homes (last week)
  • 22 - Sold Homes (last week)
Over all Property Inventory Statistics for Single Family, Condos and Townhouses:
  • 134 - Total Number of Properties Currently For Sale in San Leandro
  • 52% of the total number of homes (70 properties) for sale in San Leandro are distressed sales (REO, Short Sale)
  • 28 - Total number REO's (Bank Owned) properties for sale in San Leandro
  • 42 - Short Sales - Total number of properties trying to complete a short sale in San Leandro

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