The real estate market in Contra Costa County is showing definite signs of recovery. The table below shows that east county (Pittsburg, Antioch, Brentwood and Oakley) is improving dramatically with an average of 2.4 months of inventory on 5/27/08 compared with an average 9.7 months of inventory on 5/29/07. These figures are compiled from the Contra Costa Board of Realtors Multiple Listing Service.
I received a phone call from Barbara Hernandez, staff writer for the Contra Costa Times last week. She published the front page headlines, "Home sales inch up in April" on 5/21/08. The article mentions the month-to-month jump was the strongest for any March/April in DataQuick's statistics, which date to 1988. View the article here..
| May 29, 2007 | May 27, 2008 |
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| Active | Pending | Months of Inventory |
Active | Pending | Months of Inventory |
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| Walnut Creek | 304 | 93 | 3.3 | 347 | 93 | 3.7 | |
| Pleasant Hill | 162 | 47 | 3.4 | 135 | 57 | 2.4 | |
| Concord | 779 | 99 | 7.9 | 728 | 210 | 3.5 | |
| Martinez | 275 | 46 | 6.0 | 216 | 72 | 3.0 | |
| Clayton | 84 | 20 | 4.2 | 59 | 33 | 1.8 | |
| Pittsburg | 505 | 55 | 9.2 | 591 | 196 | 3.0 | |
| Antioch | 1100 | 105 | 10.5 | 1116 | 429 | 2.6 | |
| Oakley | 360 | 41 | 8.8 | 338 | 164 | 2.1 | |
| Brentwood | 652 | 62 | 10.5 | 471 | 218 | 2.1 | |
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