almaden valley: Almaden Weekly Market Report Week Of 12/3/12 - 12/03/12 02:13 AM
The Almaden Valley real estate market showed a marked change from Thanksgiving week. The number of single family homes available for purchase has dropped to an amazing 31 from the already historically low 36 of last week. Meanwhile, the number of total single family listings that are under contract decreased from 49 to 48 over the same time frame. Inventory hasn’t been anywhere near this low in many years. Buyer interest remains incredibly high; this time last year we saw the number of listings under contract between 35 and 40!
I’ve mentioned in the past how quickly properties I have represented … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 11/19/12 - 11/20/12 01:51 AM
 
As we close in on Thanksgiving and the holiday season gets well underway, we are seeing the number of single family homes on the market continue dropping as predicted; from 42 last week to 36 this week. The number of listings that are under contract increased dramatically, from 43 last week to 49 this week. While sellers are gearing down for the holiday season, buyer interest seems to be going up despite the shortage in available listings.
Sellers who buck the trend and put their homes on the market during the holidays may very well find highly motivated buyers and … (1 comments)

almaden valley: Almaden Weekly Market Report Week Of 11/12/12 - 11/15/12 01:07 AM
 
The latest monthly data is in for Almaden Valley real estate, and it demonstrates what I’ve been conveying; the  number of available single family homes is dropping as predicted for the holiday season, but buyers are expressing uncharacteristic interest in the market.
The weekly numbers confirm this trend is continuing. The number of available single family homes in Almaden Valley dropped from 48 last week to 42 this week, while the percentage of listings under contract remains at 51%. Inventory hasn’t been this low in the 1.5 years that I’ve been tracking these numbers. Buyer’s are still wanting to … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 11/5/12 - 11/08/12 06:45 AM
 
The seasonal slowdown in inventory that the Almaden Valley real estate market has been experiencing these last few weeks is pretty much continuing on schedule. The number of available single family homes increased from 47 last week to 48 this week, while the percentage of listings in escrow dropped from 52% to 51% over the same time frame. In effect, there has been very little change this past week. The number of distressed (auction, bank owned and pre-foreclosure) properties in Almaden Valley is decreasing as well, which is good news (especially for sellers) since they have  tendency to put a … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 10/8/12 - 10/08/12 07:01 AM
 
The number of available single family homes in Almaden Valley continues to drop, from 60 last week to 58 this week. The percentage of listings that are under contract increased from 48% to 49% over the same time frame. As active as buyers are, they are likely to be disappointed by the decrease in inventory. Around this time last year, there were 44 homes under contract while this year we have 54. Buyer interest is definitely there, likely driven in large part by the historically low mortgage rates. All we are missing are the homes for sale.
If you would … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 10/2/12 - 10/03/12 03:32 AM
The Almaden Valley real estate market saw another gradual inventory decrease this past week. This week we have 60 single family homes for sale compared to 63 last week, while the percentage of listings under contract remained virtually the same with 48% this week compared to 47% last week.
In previous years, we would typically see gradual decline throughout the holiday season as sellers defer placing their homes on the market until the new year. This year, however, inventory is still low and buyers don’t seem to want to slow down. They are still interested in purchasing homes but will likely … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 8/27/12 - 08/28/12 05:35 AM
The gradual increase we’ve been seeing in the number of available single family homes in the Almaden Valley inventory has reversed itself, sliding from 70 last week to 65 this week. The percentage of listings that are under contract increased slightly, from 45% to 46% over the same time period. We are now at the same levels we were around 4 weeks ago. That is GREAT news for sellers! Buyers are still actively taking advantage to the historically low interest rates. If you are thinking about taking advantage of our unique market, give me a call and let me explain how … (2 comments)

almaden valley: Almaden Weekly Market Report Week Of 8/20 - 08/22/12 04:44 AM
 The gradual increase in available single family homes continues in the Almaden Valley real estate market, although overall things have  remained fairly much the same over the past few weeks. The number of homes on the market increased from 69 last week to 70 this week, while the percentage of total listings that are under contract remains at 45% for the third week. The number of distressed (ie foreclosure, short sale and auction) properties has been slowly but steadily dropping.
The unique challenges of this market present opportunities for both buyers and sellers. Give me a call and let me explain … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 8/6 - 08/07/12 07:44 AM
 
The Almaden Valley real estate inventory experienced a bit of a jump this week. The number of single family homes increased from 65 last week to 68 this week, while the number of listings under contract decreased from 47% to 45% over the same time period. Interest rates are holding fairly steady at their historically low levels, providing ample incentive for buyers to make purchases. Although we’re seeing the number of homes coming onto the market increasing, it is still not enough to satisfy the demand. If you are thinking about selling your home, now is a great time to … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 7/30 - 07/31/12 02:14 AM
The Almaden Valley real estate market experienced little change from last week. Available single family homes decreased from 66 last week to 65 this week, while the percentage of listings under contract increased from 46% to 47% over the same time frame. Buyers are still eagerly snapping up homes as they come on the market; in fact, this past week I put two homes on the market and each received offers within days. If you are thinking of selling your home, give me a call and let me show you how I can help! … (0 comments)

almaden valley: Almaden Weekly Market Report Week Of 6/11 - 06/14/12 09:39 AM
This week in Almaden Valley real showed a slight increase last week, but not really enough to say there was much of a change. We saw an increase in active listings from 65 to 69 single family homes. The number of pending listings dropped from 46% to 45%. The number of distressed (ie foreclosure, short sale and auction) properties has been increasing slightly over the past several weeks, and have been coming on the market. These changes aren’t really significant enough to make a prediction of what will happen on the market in the future, but buyers are still eagerly snapping … (0 comments)

almaden valley: Almaden Valley Real Estate Market Update – June 4, 2012 - 06/05/12 08:05 AM
 
 
The Almaden Valley real estate market continues the holding pattern it’s been experiencing the past several weeks. The number of available single family homes dropped from 65 last week to 64 this week, while the percentage of listings under contract remained at 46%. If last year’s pattern repeats this year, inventory will peak in June/July and gradually drop until the holiday season is over.  Buyers, many disappointed by the low inventory of available homes, are still eager to take advantage of the low interest rates. This is a great time to sell, as buyers often snap up homes within … (0 comments)

almaden valley: Almaden Weekly Market Report 5/21 - 05/21/12 04:33 AM
The Almaden Valley real estate market saw a slight increase in single family homes on the market. We saw 63 homes on the market this week versus 60 last week, while the percentage of listings under contract also increases slightly from 45% to 46% over the same time period. Interest rates remain virtually unchanged and are the lowest point we’ve seen in the data we’ve been tracking. Buyers remain frustrated at the lack of homes on the market, and sellers are hesitating in listing their much-desired homes. For those who DO make the jump, they are often finding a willing and … (0 comments)

almaden valley: Almaden Valley Real Estate Market Update – May 7, 2012 - 05/09/12 06:44 AM
 
The number of homes on the market in Almaden Valley increased slightly, from 58 last Monday to 61 this Monday. The percentage of homes under contract decreased from 50% to 46% over the same time frame. The number of distressed properties (auction, bank owned and foreclosures) decreased slightly. Overall however, things have remained fairly much the same. This time last year, there were around 100 homes on the market with around 40% under contract. This shows that buyer interest is there but the sellers simply aren’t putting their homes on the market.
 
Although buyers appear eager to take advantage … (0 comments)

almaden valley: Almaden Valley Real Estate Market Update – April 23, 2012 - 04/24/12 03:40 AM
What a difference a week makes! The Almaden Valley real estate market showed signs of growth this past week. After several months of stagnation, the number of available single family homes surged from 58 last week to 64 this week, which is the highest it has been since late November. The number of homes under contract dropped from 49% to 46%, but this is due in large part to the increase in new listings. Distressed properties (auction, bank owned and pre-foreclosure) dropped slightly as well.
Despite earlier talk of increasing mortgage rates, some banks have held their rates steady and even … (1 comments)

almaden valley: Almaden Valley Real Estate Market Update – April 17, 2012 - 04/18/12 05:03 AM
Wow!  It’s an incredible time to put your home on the market. 
Inventory in Almaden Valley continues to remain low this week. The number of single family properties currently on the market dropped from 61 last week to 58 this week, and the percentage under contract dropped from 53% to 50% over the same time frame. Traditional (ie non-distressed) properties experienced similar results, with available homes dropping from 52 to 51 and the percentage under contract dropping from 45% to 41% over the last week. The high percentages of properties under contract indicates a high buyer interest in the limited inventory … (0 comments)

almaden valley: Almaden Valley Real Estate Market Update – April 9, 2012 - 04/10/12 04:46 AM
 
The number of Almaden Valley homes on the market has stalled since last week. There were 62 properties on the market last week, and 61 as of today. Buyers continue to snap up properties, sometimes within days of them coming onto the market. The number of listings under contract increase dramatically from last week; 48% then to 53% today. Buyers appear to be eager to take advantage of the historically low interest rates, which might be stimulated by recent talk of possible rate increases. Sellers, however, are not showing up with the much-desired inventory. The number of distressed properties have … (0 comments)

almaden valley: Almaden Valley Real Estate Market Update – November 21, 2011 - 11/22/11 03:57 AM
 
This week’s Almaden Valley real estate market numbers are virtually unchanged from last week. The total number of available properties on the market dropped from 65 last week to 64 this week, while the percentage under contract dropped slightly, from 38% to 37%. Traditional (ie non-distressed) properties remained unchanged, with 54 available properties and 30% under contract. As we enter the last month of the year, it is likely that this trend will continue through December as we pass through our traditional, anticipated holiday market cooling period.
 
 
Happy Thanksgiving!
 
(0 comments)

almaden valley: Almaden Valley Real Estate Market Update – November 7, 2011 - 11/07/11 05:38 AM
The Almaden Valley real estate market continued to decrease slightly in what is most likely the normal seasonal slow-down we see every year at this time. The total number of single family homes for sale decreased from 74 last week to 72 this week, while the percentage of properties under contract dropped from 35% to 34% over the same time. Traditional (ie non-distressed) homes experienced the same trend, from 65 single family home for sale last Monday to 63 today, and the percentage under contract dropping from 29% to 28% over the same time. The interest rates offered by some banks … (0 comments)

almaden valley: Almaden Valley Real Estate Market Update – October 18, 2011 - 10/20/11 11:03 AM
The number of active listings in Almaden Valley increased slightly from last week, from 76 to 80 this week. The percentage of listings that are in escrow decreased slightly, from 38% to 35%. Traditional (ie non-distressed) listings experienced a similar change, from 67 to 71 active listings and from 31% in escrow to 30% this week. This could very likely be the early stages of the annual slow-down we see around the holidays.
Interest rates remain fairly much at the same level as last week.
(1 comments)

 
Therese Swan

Therese Swan

San Jose, CA

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