Snap Shot of Alameda real estate market - 9/17/2012 - 9/24/2012

By
Real Estate Sales Representative with Gallagher & Lindsey, Alameda, California
http://actvra.in/J9C

 

Snap Shot of Alameda real estate market - September 17 to September 24, 2012


This is a snapshot of the Alameda real estate market activity September 17 to September 24, 2012:

New homes on the market.........................................................15
Price changes...............................................................................4
Homes that sold.........................................................................17
Pending activity - all not just last week......................................128
All properties currently on the market..........................................51
Condos currently on the market..................................................11
Townhouses currently on the market............................................4
Distressed properties:
Bank Owned properties................................................................3
Short Sales..................................................................................8
Average days on the market.......................................................24
(including distressed properties)
Average sales price of single family homes........................$518
,805


The snapshot of the Alameda market shows that the number of new homes
on the market last week are very close to last week’s statistics. Pending activity remains very close to the previous week. During the summer statistics have remain fairly level. New properties are coming on the market steadily and just as steadily they are going into to contract quickly.



Average sales price has spiked this week from $455,500 the previous week to the current week’s sales price of $517,805 .  A snapshot of the Alameda real estate market does not show a true picture of the market trend.  More time is needed to determine trends.



Older couple looking at a real estate site on their laptopPrices have climbed but there are still good values in Alameda.
This is still a good time to be looking for a home since interest rates are very low in 3% - 3.5% range.  The low inventory may be the only impediment to finding a home.  However, new homes have continually come on the market this summer. Buyers need to have an agent who watches the market frequently and knows what is available now.




Looking for a home in the Alameda? I have lived in Alameda for nearly 40 years. I know the market and can help you buy a home in Alameda.  I can 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 101 Things to Do in Alameda.



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Anna Banana Kruchten
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Evelyn this is an interesting snap shot of the Alameda Real Estate Market. Short, sweet and precise!  People looking to buy a home in Alameda should be calling you the expert.

Sep 24, 2012 05:39 PM #1
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Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Anna:

Thank you.  I try to keep it short so people will read it.

Sep 24, 2012 08:11 PM #2
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Evelyn Kennedy

Alameda, Real Estate, Alameda, CA
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