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alamo home search: Alamo Home Search - 07/20/10 02:54 PM
The Alamo, CA home market summary below for Active, Pending and Sold listings. The Pending and Sold homes are dated from June, 20 2010 to July 20, 2010.
Active Listings= 1, Avg. days on the market= 110 days.
Pending Listings taken off market in the last 30 days= 19 (Keep in mind some of these pending listings are short sales and may never close.
Sold Listings, close escrow and buyers took possesion= 1
By dividing the number of active listings by the number that went pending in the last 30 days we get the months of inventory, number of months to … (0 comments)
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alamo home search: Alamo Home Search - 04/27/10 05:40 PM
Latest marketing statistics from Alamo, California. April 27th, 2010.
Let's put these numbers into perspective. A 38 million dollar listing was removed (where indicated), from the statistics as it's an unusually high price.
1. Sold (coe), in the last 30 days = 1, the remaining closed after the 1st of the year but before 3/27/2010.
2. DOM is less for pending listings. Pending listings DOM is 61% of Active.
3. The Avg. sold price is 71% of the Active listing avg. price. Indicates price does matter.
4. Five months of inventory should indicate a sellers market but it does not seem like it as prices are still dropping. … (0 comments)
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alamo home search: It's been awhile - 03/23/10 12:36 PM
Just noticed it's been a few weeks since my last blog entry. Must keep up with this stuff as it's so important to my SEO plans. So, what do I talk about today? So much going on in both my business life and the world.
Health Care just passed. Not to pleased with this bill or how it was accomplished. Seems like the majority of Americans didn't want it, at least that's what numberous polls showed. For our representatives to pass a bill this huge in this way, makes an old veteran sad when we lose a little more of our … (1 comments)
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alamo home search: Alamo Home Search - 01/12/10 04:40 PM
Are you looking for a home or property in Alamo, CA? If you are in the process, or getting ready to, start your Alamo home search, now is the time to get started. Interest rates are still at historic lows and home prices have dropped to reasonable levels compared to 1 or 2 years ago. You will of course need to qualify for a loan but if you have the down payment, good credit scores and work history it can be done.
I'll be posting my yearly "History of Home Prices" here in just a few days. In the meantime this is the current … (0 comments)
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alamo home search: Alamo Home Search and Market Conditions - 08/08/09 12:36 PM
If an Alamo home search is in your future the following market statistics and conditions are encouraging.
Active Listings = 133
Total Pending Sales = 29
- Pending Short Sales = 11
- Pending REO (bank owned), = 1
- Pending in Last 30 Days = 15
Months of Inventory (Active Listings divided by pending sales in last 30 days), = 8.86 months of inventory.
Sales in the upper end market seem to be doing well compared to other areas here in Contra Costa county. Alamo has always been a desirable area so those that can afford to move up are doing … (0 comments)
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alamo home search: Alamo CA Home Search and Market Report - 07/13/09 12:46 PM
I spent Sunday riding around Alamo, Ca to see what's happening in the housing market. What I saw during my Alamo home search was nothing less than a market correction still playing itself out. As I'm sure you are aware, 2006 was the last year of the "booming real estate market". Some say the downturn started in 2005. As unemployment (currently 12%), continues to rise in California, even more homes will be put up for sale, most not voluntarily.
Let's compare last months market report (June/17/2009), with the current market data to determine the direction of the market, up or down.
Status June July
Active 132 … (0 comments)
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alamo home search: Alamo Home Search - REO and Foreclosures - 04/22/09 06:43 PM
While checking on the housing market conditions in Alamo, CA I used Google base to search for "Alamo foreclosures and REO properties", there were 20 listed. I used realty.trac and found 17, which is correct? Not sure but the numbers below still paint a bleak picture for this upscale community of Alamo.
17 Bank owned
43 in Default (pre-foreclosure)
6 Trustee Sale properties in Auction.
From the MLS:
132 active listings. (That's the most I've seen in over 10 years.)
14 Pending Sales (Just 10 went pending in the last 30 days)
132 divided by 10= 13.2 months of inventory.
With 13.2 months … (0 comments)
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alamo home search: Current real estate market for Alamo, CA - 03/30/09 03:39 PM
So... How is the Alamo CA housing market doing today? With all the talk about the big increases in housing sales here in California you might assume everything was great, right? Well in Alamo and the surrounding communites of Danville, Blackhawk, San Ramon and Walnut Creek you would be wrong.
The Alamo, CA community has not seen a single family detached home priced below $600,000 since way back in 1996/97. I was doing my Alamo Home Search this weekend and found a home priced at $625,000, granted it was very close to the freeway and on a busy road but still, it's a … (0 comments)
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alamo home search: Alamo Home Search - 11/17/08 03:08 PM
I ran into one of my past clients at the Alamo hardware store this weekend. He wanted to know how the housing market was doing in Alamo as he was thinking of selling his San Ramon home and buying a home in Alamo. I represented him when he purchased the San Ramon home back in 2003. He would like to move to Alamo if he can find a home and purchase it at a good price. His only concern was his San Ramon home might not get top dollar.
What he didn't understand is if his current home sells for less than he thinks it's worth, any home he … (1 comments)
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alamo home search: Alamo Home Search - 12/12/07 03:56 PM
Today I spent some time looking at home listings in Alamo, CA. There are many properties of all types for sale from town-homes, single family homes and vacant lots. If you've been searching for an affordable home in Alamo in the past, perform an Alamo home search today. You'll find a town-home under $600,000, and single family homes starting at $669,000, on .94 acres! In addition, there is a .94 acre lot with an asking price of $649,000. If you've kept track of Alamo home values in the past you know the times they are a changing.
But will Alamo home prices be this affordable in the … (0 comments)
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alamo home search: Alamo Home Search - Do Seller's Know? - 10/31/07 07:38 PM
I took a half day off this last weekend to ride my motorcycle one last time before the rainy season arrives. As I usually work most days I thought I could perform an Alamo home search for a client while enjoying my ride. Boy was it hard to stop and view those open Alamo homes! The weather was just perfect, the leaves had turned to their fall colors, green grass sprouting in the orchards, the world was a beautiful place. Everyone was enjoying the last days of fall.
Seeing all those open home signs gave me a feeling of sorrow for those real estate agents working their Alamo open … (5 comments)
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Gene Ward
Danville,
CA
More about me…
Area Pro Realty NorCal
Address: 425 El Pintado Road, Suite 170, Danville, CA, 94526
Office Phone: (925) 552-1222
Cell Phone: (925) 890-6278
Email Me
Information and real estate market statistics for Alamo, CA. An inside look into the truth about real estate. How to find the right properties and negotiate the best deals. Real Estate professionals of Area Pr Reaty NorCal.
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