BELMONT, CA—After years of recording lagging supply, the Bay Area is possibly beginning to catch up. San Jose had the biggest increase in new listings of the 45 major US metropolitan areas included in a September 2018 realtor.com report. San Francisco also ranks among the five housing markets with the largest September supply gains, with 1,683 current listings.
In fact, inventory across the region improved by 5% year-over-year in August, the second consecutive month of gains, according to the latest analysis of Bay Area home sales by Pacific Union chief economist Selma Hepp. Adding to the inventory is The Ashton, a luxury condominium community located at 400 El Camino Real. The project is conveniently positioned in the City Center neighborhood of Belmont, a district with top-rated schools and employers.
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