This Median price graph is illustrating that more higher priced homes are for sale overall, raising the median. It also shows us that the lower priced homes are still the ones selling. And perhaps the absence of tax incentives and multiple offers has tipped things down a bit.
The number of attached homes listed in Alamo is slightly less than last year at this time (5%). But the demand is down sharply – 44% over last year!
There seems to be a trend in Danville, San Ramon and Alamo. The inventory levels are quite low, with Alamo attached homes at just 1.7 months worth of inventory (normal is deemed to be between 4 and 5 months supply).
There seems to be a trend in Danville, San Ramon and Alamo. The inventory levels are quite low, with Alamo attached homes at just 1.7 months worth of inventory (normal is deemed to be between 4 and 5 months supply).
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