Alameda real estate market activity 1/13/2014 to 1/20/1414

Alameda real estate market activity 1/13/2014 to 1/20/14

Last week’s totals from 1/6/2014 to………..………….…………………….1/20/2014

New homes on the market..............................................................11

Price changes....................................................................................0

Homes that sold................................................................................7

Pending activity - all not just last week..............................................43

All properties currently on the market................................................26

Condos currently on the market.........................................................4

Townhouses currently on the market..................................................3

Distressed properties:

Bank Owned properties.......................................................................1

Short Sales.........................................................................................0

Average days on the market..............................................................27

(including distressed properties)

Average list price of the sold homes…………………………………….……...$765,142

Average sales price of single family homes.................................$770,295

Inventory continues to increase but at a slower rate than was true in January 2013. Home owners who may be selling their homes soon are very positive about the market. They are happy that sales have continued to rise during the fall and winter of 2013.

Three single family homes and 3 condos sold during the week from January 13 to January 20.  One commercial unit also sold during the week.  The sales prices ranged from $343,00 for a 2 bedroom 2 bath condo, to $856,000 for a 3 bedroom, 2 bath home on the main Island.

3 Bedroom, 2 Bath Home in Alameda

My snap shot of the Alameda real estate market reports are important and provide valuable information over the long run.  But, if you want to know your property’s current market value, or what you should offer on a particular property, you need a Comparative Market Analysis which will comparable properties; apples to apples and oranges to oranges.

Looking for a home in the Alameda? Alameda is a lovely city and a great place to live.  I have lived in Alameda for 40 years. I know the market and can help you sell or buy a home in Alameda.  I will send an email to you every day of any new activity on the market.  Call or text me at 510-504-5612. Follow me on my Facebook pages Living in Alameda and Search for Alameda Homes.