East Bay Real Estate News – October 2016

Green Escrow | Real Estate News

According to a new report by Pacific Union, homes in the East Bay in October 2016 sold for approximately 116 percent of asking prices, with a median sales price of $975,000.

Moreover, the average time on the market was 17 days, marking the 8th straight month that homes were sold on average in less than three weeks.

On the downside, currently has a 1.2month supply of inventory, which is one of the lowest in the Bay Area.