market update: 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)
market update: 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)
market update: 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!
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market update: 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)
market update: 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)
market update: Almaden Valley Real Estate Market Update – October 10, 2011
- 10/12/11 06:05 AM
The number of single family properties in Almaden Valley that are on the market crept up slightly, from 74 last Monday to 76 today. However, the number of pending escrows also increased, from 37% last week to 38% this week. Traditional (ie non-distressed) properties experienced similar changes, with the number of properties on the market increasing from 66 to 67 and the percentage of pending escrows increasing from 31% to 32%. Although the number of active listings increased, the percentage of pending escrows has pretty much recovered from the dip we saw last week. Interest rates are remaining stable, though some … (0 comments)
market update: Almaden Valley Real Estate Market Update – October 3, 2011
- 10/05/11 11:11 AM
The number of single family homes available for sale in Almaden Valley continued to decrease, down to 74 this Monday versus 77 the same time last week. The percentage under contract dropped slightly, to 37% from 38% during the same time. Traditional (ie non-distressed) properties followed similar trends, with active listings dropping from 68 to 66 and the percentage under contract dropping from 33% to 31%. The market still has a lot of fire. Homes are selling. Interest rates are unbelievable. I just sold my listing on Crystal Springs in the Almaden Country Club neighborhood last week and have offers on my new listing … (0 comments)
market update: Almaden Valley Real Estate Market Update
- 09/23/11 12:32 AM
We saw a definite improvement between last week’s report and this week’s. The number of available homes in Almaden Valley decreased from 85 last week to 83 this week. In addition, the number of homes that are now under contract increased significantly, from 35% to 38%. Traditional (ie non-distressed) listings posted even better numbers; available homes decreased from 79 to 76, and the percentage under contract increased from 26% to 31%. Interest rates have remained low, school is back in session and buyers are now back on the market after summer vacations. Open house traffic over the weekend was moderate. The Almaden … (0 comments)
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