Almaden Valley Real Estate Market Update – June 27, 2011

As we end the month of June, the number of available single family homes decreased from 118 last week to 117 this week, and the percentage of listings in escrow dropped from 34% to 31%. For traditional (non distressed) properties, the drop was from 24% to 20%. We believe this is just the traditional summertime slowdown.

Almaden Valley Real Estate Market Update – June 20, 2011

As of Monday, June 20, there are 118 single family properties currently available in Almaden Valley, an increase of 6 from last Monday. The percentage of single family listings in escrow dropped from 35% last Monday to 34% this Monday.

For traditional sales (non-distressed properties), the drop was from 27% to 24%. This continues the normal seasonal trend we touched on last week; we anticipate that home sales drop in the summer.

All that being said, my open house on Fleetwood last weekend was non-stop traffic. Buyers are still out there trying to catch interest rates before they go up. And good homes that are priced right are still very attractive.

Almaden Valley Real Estate Market Updates – New on AccessAlmaden!

Therese Swan - Almaden Valley Real EstateWe are pleased to announce that Therese Swan’s Almaden Valley Real Estate Market Updates are now available in AccessAlmaden’s syndicated feed (RSS) and weekly newsletter.

Almaden Valley Real Estate Market Update is a periodic report that includes key market trends, statistics, and insights about the Almaden Valley real estate market and value of our homes.

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Almaden Valley Market Update for June 13, 2011

As of Monday, June 13, there are 112 single family properties currently available in Almaden Valley, and increase of 8 from last Monday. The percentage of single family listings in escrow dropped from 39% last Monday to 35% today.  For traditional sales (non-distressed properties), the drop was from 31% to 27%.

The Almaden Valley real estate market traditionally slows down for the summer, and this mild decrease is in line with historic trends.  Additionally, my open houses this weekend were a little bit slow, in part due to all the graduations going on.

 May 2011 Trendgraphix

APR Ranked #6 in the Nation – 2 years in a row!

Just announced by REAL Trends, Alain Pinel Realtors has held onto our #6 national ranking, for a second year, with nearly $6.8 billion in closed sales volume for 2010 – leaving us only $200 million away from the #5 position. We are also still the #1 residential real estate firm in California.

The REAL Trends 500 is an annual research report which identifies the countrys largest and most successful residential real estate firms as ranked by closed transaction sides and separately by closed sales volume. This report represents the most trusted standard of measuring the performance of the nations leading firms.

 

March/April 2011 Almaden Valley Market Update

We recently completed a very strong first quarter of 2011, with total sales volume up 29% over 2010. This also marks the best first quarter we have had since 2007.
In comparison to the broader Q1 2011 Bay Area residential environment, APR outperformed the market. Our results were very favorable and show us continuing to increase our market share, per Trendgraphix. In aggregate, comparing Q1 2011 vs. Q1 2010, on closed units, APR was up 23%, while the Bay Area market (6 counties) was up only 1%. APR also dominates average sales price in comparison to the market average.

 

March/April

February/March 2011 Almaden Valley Market Update

The spring real estate season has begun. Sales have picked up. Inventory is also starting to climb. It’s a great time to sell your home while the market is good.

January 2011 Almaden Valley Market Update

Almaden Valley has started 2011 with a very low inventory.  Interest rates are still incredible.  It is a great time to sell your home.

January market overview

December 2010 Almaden Valley Market Update

The Almaden market has been improving, even as we move into the holidays.  I sold my listing at 7163 Glenview Drive before it even came on the mls.    We held it open Thanksgiving weekend and had 15 parties through on Saturday and 20 on Sunday.  Also, many sellers have been taking their homes off the market which has helped in reducing inventory.

November 2010 Almaden Valley Market Update

Pending sales in Almaden have picked up and Inventory is slightly down. Many sellers will be taking their homes off the market as we go into the holidays so we should see some continued drop in inventory from now until the end of the year.

November Market Update