Market Updates

Alameda County Third Quarter Market Report

October 22, 2018

Alameda Q3 - 2018

For the seventh consecutive quarter, Alameda County sales are extremely tight, though beginning to loosen. There has been effectively no change in inventory from the third quarter in 2017 to the third quarter of this year. Prices, on the other hand, have continued to rise at double-digit rates, averaging 12% in Alameda County cities, with Newark and Fremont increasing over 20% during the same period. With interest rates increasing and prices continuing to rise, a softening is beginning to be felt, though there are few statistics describing this change. It is beginning to look like the upcoming fourth quarter may be a rare opportunity for buyers.

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