Well we are almost through the first quarter of 2012...let's see how the Alamo Real Estate Market finished the first two months. Sales of single family homes have jumped nicely. Nice stats even considering we got one extra day for sales this year due to Leap Year. Median home prices are slightly higher as well. Time on market increased as many aged listings were closed. Finally, 322 Lark Lane, which was listed at $11,800,000 closed escrow with the transfer price being undisclosed.
Keep in mind that real estate markets are local in nature and there will be micro markets in every town. Contact me for more in depth information about the Real Estate Market in Alamo.