Prices continue to increase in the Bay Area housing market, and the South Bay has seen especially high growth in recent weeks.

Out of Santa Clara County’s approximately 415,000 houses (including single-family, townhomes, and condos), only 900 or so are currently for sale. That’s a decrease of 43 percent from last year.

It doesn’t get better elsewhere. In Alameda County, only 1,043 single-family homes are on the market, while in San Mateo County you’ll only find 409. In all of San Francisco, you can currently find only 35 single-family homes for sale.

News reports about houses being sold at prices much higher than asking price reflect just how extreme the situation has become. According to NBC Bay Area, people looking to cash in on the housing market or downsize their homes are choosing to stay put instead, as they are afraid they won’t find other viable options once they sell.

However, experts don’t believe the bubble will burst anytime soon. Based on the job market and economic growth of the region, economists believe prices will not be falling in the near future.