Is the SF Bay Area sellers market easing back?

[Doug Dattawalker]

Hi all, For those in the Bay Area we’ve seen some crazy price hikes. Do people get the sense that the market is starting to cool off? I have seen a few articles about Seattle’s markets starting and would like to get your feeling/data about the Bay Area. Thanks in advance

[Galen Crofut]

In the south SF bay area (Santa Clara County) we have seen a lot of properties hit the market over the last two months, and the injection of inventory has raised the average DOM. But, since we've had incredibly low inventory recently, and the number of homes on the market now is still lower than it was in 2012-2014 in this same time frame, AND the fact that jobs are still being created here (Google and Apple building new campuses for example), I think a slow-down is still a ways off.