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