Alameda Inventory Still in Decline

I think the chart says it all, the inventory for homes for sale in Alameda continues to fall. Part is due to the seasonality, part due to an unsure real estate market.

Single family residences fell to under 60 units for the first time this year. Bay Farm (94502) has just 19 units for sale. There are 31 distressed properties for sale making up 30 percent of the inventory.

Short week, short post.



Alameda Inventory Data

. . 12/21/2009 . Total 105 . 94501 86 . 94502 19 . SFR 59 . Condo 19 . Multi-Family 25 . Short Sale 18 . Foreclosure 13 . Price Reductions 37 . High List $1,899,000 . Low List $129,000 .