May 2009 Months of Inventory

Months of Inventory for Danville, SanRamon, Pleasanton, etc.

The MLS numbers continue to decrease – Months of Inventory = February 5.31, March 2.79, April 1.99, May 1.96.

Two years ago, May 2007, average months of inventory for Contra Costa & Alameda counties was 7.38.

These figures continue to indicate that foreclosures and short sales for the most part still dominate the market in the lower priced communities.However

			5/31/2009
Community	# of Active	Pending Sales	Months of Inventory
Danville	231	51	4.53
Alamo	137	11	12.45
Walnut Creek	264	72	3.67
San Ramon	224	148	1.51
Dublin	89	91	0.98
Pleasanton	248	64	3.88
Livermore	234	133	1.76
Blackhawk	91	6	15.17
Diablo	16	1	16.00
Concord	244	234	1.04