Spring is here and we are at 105

We have now hit 105 homes on the market in Alameda. For quite a long time we have had a low inventory below 100. This can be a chicken and egg scenario with buyers. If nothing new is coming on the market buyers are not as interested and so fewer homes sell.  This can be expected in the winter months, it's common to have a seasonal slowdown. Spring is here and so are new homes and with it some excitement and interest from buyers. Of course it's always the case that the best homes can get most of the interest while some that have been on the market get stale and suffer from lack of interest. Pricing is even more key because if these homes stick around and do not go through price reductions then they really get forgotten about. In this environment pricing is key no matter where the home is.