Alamo real estate activity for the month of October was as follows:
- 28 New listings priced from $739,000 to $3,585,000
- 9 Homes went under contract ranging from $949,000 to $1,600,000 - average dayson market of 46
- 16 Alamo closed sales ranging in price from $700,000 to $2,695,000 - average sales price of $1,399,000 and average days on market of 56.
There are currently 46 homes on the market in Alamo and based on the average number of units sold per month, there is approximately 2 months of inventory.
For the same time period in 2012, there were 19 units sold in Alamo at an average sales price of $1,246,622. 2013 sales averages are approximately 11% higher then 2012.
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