Local Housing Inventory
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 |
