Tag Archives: San Ramon

Danville Area Housing Supply Non-Existent

The number of homes for sale along the 680 Corridor continues to dwindle, as steady demand gobbles up the few homes remaining for sale. Danville, Pleasanton, San Ramon, and Walnut Creek all have less than a 1-month supply of homes.

2014 is off to a very bullish start for home prices.

Danville Housing Supply, January 2014

*Months of supply represents how long it would take to sell all of the current homes for sale, at the current pace, if no additional homes were listed. The figure measures current supply versus current demand. The lower the number, the more quickly homes are selling, the more likely there are to be bidding wars, and the more quickly prices are being pushed up. A higher number means more homes are sitting unsold and are having to drop prices to compete for buyers.