In the town of Oakland there have been 29 sales in the last year ranging from $55,000 to $540,000. There are 32 current listings ranging from $49,900 to $1,695,000 with 13 months of inventory. 10% of sales were bank owned properties and 16% of listings are bank owned. The odds of selling a house in this market in the first month is 8%.
February 4, 2012