Geek's Number Talk: Getting Low

In case you missed it, real estate inventory is in short supply, particularly in the Bay Area. That means fewer sellers selling, more buyers bidding, higher offers mounting, and... a partridge in a pear tree?

Looking at this chart, you’ll see that Santa Clara County has 53% less active listings than one year ago — and that was at the height of the pandemic! It’s not much better in San Mateo County, where there are 47% less active listings year over year.