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Almaden Valley Real Estate Market Update for May 7, 2012

Almaden Valley Real Estate Market Update

Almaden Valley Real Estate Market Update

The number of Almaden Valley homes for sale increased slightly, from 58 last Monday to 61 this Monday. The percentage of homes under contract decreased from 50% to 46% over the same time frame. The number of distressed Almaden Valley properties (auction, bank owned, and foreclosures) decreased slightly. Overall things have remained fairly much the same.

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Almaden Valley Real Estate Market Update for April 23, 2012

Almaden Valley Real Estate Market Update

The Almaden Valley real estate market showed signs of growth this past week. What a difference a week makes!

After several months of stagnation, the number of available single family homes surged from 58 last week to 64 this week, which is the highest it has been since late November.

The number of homes under contract dropped from 49% to 46%, but this is due in large part to the increase in new listings. Distressed properties (auction, bank owned, and pre-foreclosure) dropped slightly as well.

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Almaden Valley Real Estate Market Update for April 16, 2012

Almaden Valley Real Estate Market UpdateWow! It’s an incredible time to put your home on the market.

Inventory in Almaden Valley continues to remain low this week. The number of single family properties currently on the market dropped from 61 last week to 58 this week, and the percentage under contract dropped from 53% to 50% over the same time frame.

Sellers who decide to put their homes on the market are frequently finding eager buyers hungry for new inventory. The high percentages of properties under contract indicates a high buyer interest in the limited inventory currently available, but sellers simply are not coming out to take advantage of the situation, disappointing buyers by the relatively small selection of homes to choose from.

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