Friday, September 14, 2018

Berkeley Real Estate - Friday update (September 14, 2018)

The number of inventories was changed!  It's JUMPED high!!

Please don't make a mistake.  Properties are selling well. But suddenly there are many new listings!  In the last seven days , 38 new properties were listed!  As of today 81 active listings are available for you to choose , priced at between $350,000 and $6,990,000!
In last 30 days 55 properties were sold and currently 35 properties are pending.  This means that we have about 1.5 to 2 months worth of inventories.  This is still not plenty in general. But it is for Berkeley.  Berkeley has been experiencing a very tight inventory for many months and usually less than a month worth supply of inventories.

This is a big change!!!  Have a nice weekend and you will have a great Sunday open house visit!





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