Days on the market: Contra Costa - Alameda

Seasonal factor plays an important role in the housing market. When the market peaks in May, the number of days listings stay on the market declines to the bottom. And when the market slows down in January, active listings spend more days on the market than any other time of the year. The number of days on the market hit the high of 42.90 days in January 2005. It then climbed to a higher high of 46.21 days once again in January this year. Another higher high in January 2007 would confirm the long-term deteriorating trend of the housing market. So, we shall see...