Snap shot of Alameda real estate market - May 18-25, 2012
This is a snap shot of the Alameda real estate market activity for the week of May 18 to May 25, 2012:
- New homes on the market 9
- Price changes 4
- Homes that sold 14
- Pending activity - all, not just last week 147
- All properties currently on the market 58
- Condos currently on the market 11
- Townhouses currently on the market 10
Distressed properties - Bank Owned properties 8
- Short Sales 5
- Average days on the market 65
(including distressed properties)
This snap shot clearly shows that inventory of all property types is very low. Single family homes, in particular, but even condos and townhouse are all moving off the market quickly compared to last year.
Prices are starting to rise, but there are still some properties available which represent good buys. I have read that we are bouncing back. I don’t have a crystal ball and would never predict the future, suffice it to say that the trend appears to be up.
Looking for a home in Alameda, I know the market and can help you. I am a long time resident and I know Alameda. Call or text me at 510-504-5612. Or go to evelyn kennedy and leave a message.
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