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Alpine Housing Market Update - November 2019
Alpine (91901) November Housing Market UpdateAs we enter into the holidays, we have an update on the Alpine real estate market. Fortunately, mortgage rates have remained low, helping to keep sales and prices up.
Single-Family Housing Market in AlpineThe median price for homes sold in November of 2019 was down 3.7% from November of 2018. But, the good news is the overall year to date prices are up 2.9%, reaching a new high of $657,500 for a single-family home.
 
There were 12 homes sold in November, which is one more that was sold in 2018. The total sales year to date is up 20.2%, with a total of 208 sold. This biggest gain is the number of homes that went into escrow in the month of November.
 
There were 24 homes that went into escrow, which is up 200% from 2018. The low-interest rates have really helped keep the market strong this fall.
 
VIEW YOUR HOME’S VALUE AT http://www.91901Values.com
Condo Market in AlpineThe condo market in Alpine represents a small portion of the market, but prices are up 9.9% year to date. The number of sales is down 34.8%, but it is not alarming due to the small number of condos and townhomes ... more

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