Snap shot of Alameda real estate July 9 to July 16, 2012

Snap Shot of Alameda real estate market - July 9 to July 16, 2012

This is a snap shot of the Alameda real estate market activity July 9 to July 16, 2012:

New homes on the market.......................................................20
Price changes.............................................................................6
Homes that sold.......................................................................15
Pending activity - all not just last week....................................125
All properties currently on the market........................................62
Condos currently on the market................................................12
Townhouses currently on the market..........................................6
Distressed properties:
Bank Owned properties..............................................................8
Short Sales................................................................................3
Average days on the market....................................................18
(including distressed properties)
Average sales price of single family homes......................$540,461

The snap shot of the Alameda market shows that the number of new homes on the market last week increased to 20 since the previous week total of 10.  All statistics are very close to last week’s statistics, except the there the average number of days on the market has decreased from last week(26) to 18 days.

Average sales prices has risen this week from $507,265 the previous week to the current week’s sales price of $540,461.  A snap shot of the Alameda real estate market does not show a true picture of the market trend.  More time is needed to determine trends.

Looking for a home in the Alameda?  I have lived in Alameda for nearly 40 years. I know the market and can help you buy a home in Alameda.  Call or text me at 510-504-5612.  Or visit my webpage and leave a message.  Follow me on my facebook page Living in Alameda.