Here’s the latest Bay Area Real Estate 🏠 Monthly Market Minute ⏳ where I go over the sales transaction data from each county for the month of May 2023. Our busy season has officially begun!
Buyers are back to paying premiums over the asking price on homes throughout the Bay Area. In Alameda County, 4 out of every 5 homes were purchased for the full asking price or more. Buyers there are paying an average of 8.5% over the asking prices.
If you’d like more insights on your local market, feel free to reach out and I’ll be happy to share them with you:
Laurence Lee, Broker