Almaden Valley Real Estate Market Update – November 21, 2011

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!