Having been in multiple offers and counter offers situations lately for residential property listings, it is evident that something is happening. Buyers are stirring!

What's happening in Alameda?

SOLD

  • Homes sold since January 1, 2009 to date: 70
  • Highest price sold during this time: $1,995,00
  • Lowest price sold: $150,000
  • Average sold price according to the comparative market analysis: $553,973
  • Average days on market: 60

PENDING TO DATE:

  • Pending sales: 68
  • Highest list price: $1,298,000
  • Lowest list price: $168,000
  • Average list price: $556,632
  • Average days on market: 65

ACTIVE LISTINGS TO DATE:

  • Homes actively offered for sale: 127
  • Highest list price: $1,728,000
  • Lowest list price: $199,900
  • Average list price: $642,200
  • Average days on market: 68

REOs AND SHORT SALES

SOLD since January 1, 2009: 21 of which 17 are bank owned, and 4 are short sales

  • Highest  list price: $738,000 (REO or bank-owned)
  • Lowest list price: $150,000 (REO)
  • Average list price: $442,033
  • Average days on market: 60

PENDING:  7 REOs, 15 short sales

  • Highest list price: $899,000 (short sale)
  • Lowest list price: $299,000 (short sale)
  • Average list price: $502,886
  • Average days on market: 68

ACTIVE:  6 REOs, 21 short sales or 16.5% of total active listings in Alameda to date

  • Highest list price: $799,000 ( 2 short sales, same development in Bayport)
  • Lowest list price: $199,900
  • Average list price: 485,000
  • Average days on market: 75

 
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2 Comments on Alameda real estate --- what's happening since January 1, 2009

APR
14
157,111 Points 1 Featured Post

Looks like you are in a moving market.  I am always seeing good things with you.

1:46pm • #1
APR
17
195,901 Points 19 Featured Posts Localism Sponsor Outside Blog Hit Router

Angelia

We seem to be surviving the market. Surprisingly, even though the prices have come down, we are seeing multiple offer situation. I am competing once again on a property that is priced aggressively.

11:44pm • #2

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Pacita Dimacali - e-PRO, SRES, CDPE, MBA East Bay, North CA real estate

Alameda, CA

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Gallagher & Lindsey

Address: 2424 Central Avenue, Alameda, CA, 94501

Office Phone: (510) 748-1148

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