[Oakland] - RealWatch, New: 50, Reduced: 21, Sold: 66

The Last 7 Days of Market Activity for Oakland / Piedmont If you're considering selling your home we should be on your A list. Here's why. Let a team member help you with your next real estate transaction. Call us today! 800-981-3134 Wayne Gregori Email me RealWatch for Email Lists Oakland / Piedmont  Category Description Market Overview Sellers Market in the Bay Area - It's a sellers' market across the Bay Area, with buyers in April snapping up properties in all six counties.  Generally, a housing market favors sellers when more than 35 percent of homes are in contract, and a buyers' market is indicated when less than 25 percent are in contract. A market is considered balanced when 25 to 35 percent of the homes are in contract.      Here's a snapshot of the percentage Bay Area homes in contract at the end of April:  San Francisco: 40 percent    East Bay (Alameda County): 41 percent     Sonoma County: 46 percent      Contra Costa: 48 percent     Marin: 48 percent      Napa Valley: 55 percent      Market activity during the last 7 days (single family homes): 50 - Newly Listed Homes for Sale (last week) 21 - Price Changes of Previously Listed Homes (last week) 66 - Sold Homes (last week) Over all Property Inventory Statistics for Single Family, Condos and Townhouses: 694 - Total Number of Properties Currently For Sale in Oakland / Piedmont 43% of the total number of homes (301 properties) for sale in Oakland / Piedmont are distressed sales (REO, Short Sale) 136 - Total number REO's (Bank Owned) properties for sale in Oakland / Piedmont 165 - Short Sales - Total number of properties trying to complete a short sale in Oakland / Piedmont