Local Housing Inventory

By John | Published: April 4, 2008

The good news is Months of Inventory in the twenty-seven communities on average is down almost a full month from 7.30 months the first of March to 6.38 months now, a 14% drop.

The reasons for the drop are many including more attractive prices, but the market isn’t flooded with inventory. This week’s MLS stats continue to show Dublin and San Ramon as leaders in improving figures.

Months of Inventory			4/2/2008
Community	# of Active	Pending Sales (Past 30 Days)	Months of Inventory
Danville	227	40	5.68
Alamo	89	13	6.85
Walnut Creek	306	52	5.88
San Ramon	314	80	3.93
Dublin	217	39	5.56
Pleasanton	269	45	5.98
Livermore	472	73	6.47
Blackhawk	65	4	16.25
Diablo	10	1	10.00
Concord	735	97	7.58
Pleasant Hill	138	34	4.06
Martinez	222	24	9.25
Clayton	57	9	6.33
Rossmoor	166	22	7.55
Lafayette	88	23	3.83
Orinda	50	15	3.33
Moraga	49	12	4.08
Pittsburgh	575	82	7.01
Antioch	1135	180	6.31
Brentwood	506	123	4.11
Oakley	357	64	5.58
Castro Valley	227	39	5.82
Fremont	663	131	5.06
Hayward	930	92	10.11
San Leandro	436	76	5.74
San Lorenzo	132	28	4.71
Oakland	1681	188	8.94
Average	375	59	6.38

Months of Inventory			4/2/2008
Community	# of Active	Pending Sales (Past 30 Days)	Months of Inventory
Danville	227	40	5.68
Alamo	89	13	6.85
Walnut Creek	306	52	5.88
San Ramon	314	80	3.93
Dublin	217	39	5.56
Pleasanton	269	45	5.98
Livermore	472	73	6.47
Blackhawk	65	4	16.25
Diablo	10	1	10.00
Concord	735	97	7.58
Pleasant Hill	138	34	4.06
Martinez	222	24	9.25
Clayton	57	9	6.33
Rossmoor	166	22	7.55
Lafayette	88	23	3.83
Orinda	50	15	3.33
Moraga	49	12	4.08
Pittsburgh	575	82	7.01
Antioch	1135	180	6.31
Brentwood	506	123	4.11
Oakley	357	64	5.58
Castro Valley	227	39	5.82
Fremont	663	131	5.06
Hayward	930	92	10.11
San Leandro	436	76	5.74
San Lorenzo	132	28	4.71
Oakland	1681	188	8.94
Average	375	59	6.38