Agent2Agent in Walnut Creek>Question Details

Cindy Davis, Real Estate Pro in San Diego, CA

I am exploring moving to the East Bay in Northern California. Would love to hear from other Realtors about the market trends in that area.?

Asked by Cindy Davis, San Diego, CA Mon Apr 30, 2012

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Hi Cindy - I moved from San Diego to the Bay Area about 5 years ago and immediately noticed that they are very similar. Like San Diego, the East Bay is extremely diverse in terms of high end communities mixed in with low end (sorry guys) communities. There are about 20 markets in the East Bay, most REALTORS(R) work at least 3. If you're interested in a particular area, I recommend you ask a question about that area rather than the entire East Bay. It's just too big and diverse to get a straight or accurate answer about it as a whole.
1 vote Thank Flag Link Mon Apr 30, 2012
Hi Cindy - as Doug mentioned, the market is very competitive for buyers right now. There's very little inventory and most houses (if priced somewhat correctly) will receive multiple offers within the first or second week.

I put together a monthly market analysis for the different towns in the East Bay ... you can read the one for Walnut Creek here:
1 vote Thank Flag Link Mon Apr 30, 2012
Hi Cindy,
What is it that interests you about the East Bay? Based on your needs/wants/wishes you can narrow down towns and then neighborhoods-some are crazier than others. Do you want to walk to get your Starbuck's in the morning? Want to be steps from a hiking or bike trail? Want a large lot for your organic veggie garden? Higher price ranges are a bit less frenzied. Those of us who are active in the industry & regularly network with other real estate professionals, often hear about a 'coming soon' not yet on MLS. This can be very helpful in a competitive market like the one we are in. I am a life-long east bay gal, and Contra Costa is my playground. Feel free to call if you'd like to chat. 925-788-6582. I'd be pleased to offer my 2 cents to a fellow professional in the 'biz.'
0 votes Thank Flag Link Mon Apr 30, 2012
Very competitive in many areas, and we're seeing multiple offers at over list price. Homes in good locations, at good prices and good condition don't stay long on the market.

So don't be surprised that even with distressed properties such as short sales and bank-owned listings, there is also brisk activity.

Determine where you want to live, find a local agency with realtors who really know the area, and listen to what they say.

I posted this question Write an offer for over list price on a regular sale? Why? Why not? See
http://activerain.com/blogsview/3213886/write-an-offer-for-o…

Other agents from different areas weighed in...and they, too are seeing multiple offers in their neck of the woods.
0 votes Thank Flag Link Mon Apr 30, 2012
Market trends are hot all along the 680 corridor right now Cindy. Inventory is off from last year, buyers are out and multiple offers are happening. I just posted the inventory levels for this year versus last in Alamo, Blackhawk, Danville, San Ramon and Walnut Creek on my website. All the best with your plans!
0 votes Thank Flag Link Mon Apr 30, 2012
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