alamo market conditions: 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 market conditions: 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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