Zillow Zestimate for the median value of a home sold in Alameda
Zillow Zestimate for the median
value of a home sold in Alameda’s main Island, area
is now $736,800, which is an increase of 6.7% over the past year.
The median price for homes currently listed in the 94501 area
is $649,900. Zillow goes further to predicts that home values in
Alameda’s area 94501 will increase another 2.6% for 2015.
Zillow Zestimate for the median value of a home sold in Alameda’s Bay Farm Island, area 94502 is now $746,100, which is an increase of 4.6% over the past year. The median price of homes currently listed in 94502 area is $749,000. Zillow further predicts that home values in Alameda area 94502 will increase another 2.0% for 2015.
According to statistics from the East Bay Regional District MLS, the price increase for all of Alameda, areas 94501 and 94501, in 2014 was higher, between 12% to 15%. While the statistics from Zillow are not always on the money, they do show a trend in the current market. The trend in Alameda continues to be an increase in home sales prices in areas 94501 and 94502.
The market trends indicate that 2015 is the time to sell a home in Alameda. Inventory is still very low, currently there are 21 single family homes on the market. Rates are are predicted to remain low and many homes that are for sale have received multiple offers. All good indicators that the seller’s market is still hot. Sellers, if you think you want to sell your home, now is the time to talk with a Realtor about the value of your home. I can help you. Please call or text me at 510-504-5612.
Alameda is a lovely community with good schools, pristine sand beaches, an historic movie theater, great stores, coffee shops and restaurants. I write about events, businesses, restaurants and items of interest to Alamedans. If you like what you see here, please come back for more or visit me on my Facebook page Living In Alameda and 101 Things to Do in Alameda.
I CAN HELP YOU BUY OR SELL REAL ESTATE IN ALAMEDA, CALIFORNIA
EVELYN KENNEDY, CRS, SRES, ePro
CALL ME AT 510-504-5612 OR VISIT SEARCH FOR ALAMEDA HOMES FOR FOR FREE ALERTS FOR HOMES IN ALAMEDA, OAKLAND, EMERYVILLE, SAN LEANDRO, SAN LORENZO AND CASTRO VALLEY
EMAIL ME AT EVELYN@EVELYNKENNEDY.COM