Livermore’s housing market for May of 2006 showed moderate slowing from last year compared to other areas in the East Bay. The average Livermore home that sold in May was 1705 square feet, listed for $722,305, and sold for 99% of list for an average sale price of $714,364. The median sale price was $622,500.
116 units sold in Livermore in May, practically indistinguishable from last year’s total of 116. At the same time, this year twenty-six units expired versus eight last year, inflating the expired to sold ratio from 7.0% to 22.4%. Average days on market are up to 26 this May, up from an incredibly swift average of 12 days last May. With 413 units active currently, inventory in Livermore is at 3.6 months.
This is Post 5 in our Hunger Blogathon.