Almaden Real Estate Trends Chart

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June 2016 Almaden Valley Real Estate Market Update

The Almaden Valley real estate market ended June 2016 on a high note. The number of single family homes that sold in June was up a whopping 51.6% from the previous month, and up a respectable 6.8% over the same time last year. The number of homes on the market increased over 11% from May figures, and a healthy 27.7% from June 2015. Prices cooled slightly, from $602/sqft in May to $591 in June. Historically, June/July heralds the start of a cooling trend that will continue through the end of the year. With school starting soon and summer vacation time rolling to a close, it is not surprising to see a suspended interest in purchasing and selling homes, and I am anticipating this year to be no different.

However, the “summer doldrums” can be great news for buyers who are willing to make a purchase during this timeframe. Fewer buyers looking for homes can translate into more selection and the possibility of motivated sellers who want to complete their sales prior to the start of fall. If you are thinking about purchasing a home, give me a call and let me show you how I can help make the most of the current market!

Almaden Valley real estate market

May 2016 Almaden Valley Real Estate Market Update

Sellers are coming out in force in the Almaden Valley real estate market. As of Thursday, June 9, there are 65 single family homes listed for sale on the MLS, a number we haven’t seen on our weekly tracking report since 2012!

Sales are up as well. Although the number of sold single family homes is down from last month by about 33% and from April 2015 by about 24%, pending sales is up significantly; over 34% since last month, and a whopping nearly 46% from the same month last year!

We are also seeing prices increasing as well, with a jump from $566/sq.ft. last month to $605/sq.ft. Prices are up from the same time last year, when they were $592/sq.ft.

May 2016 Almaden Valley real estate market

Multiple Offers on Almaden Valley Listings that are Priced Right

Almaden Real EstateThe latest monthly data is in for Almaden Valley real estate, and it demonstrates what I’ve been conveying: the number of available single family homes is dropping as predicted for the holiday season, but buyers are expressing uncharacteristic interest in the market.

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Lowered Interest Rates Will Undoubtedly Pique Interest of Home Buyers

Almaden Valley Real Estate Market Update

The number of available single family homes in the Almaden Valley real estate market continue to decrease, from 65 last week to 59 this week. The percentage of total listings under contract has increased from 46% to 49% over the same timeframe.

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Great News for Sellers: Recent Gradual Increase in Homes is Reversing

Almaden Valley Real Estate Market Update

The gradual increase we’ve been seeing in the number of available single family homes in the Almaden Valley inventory has reversed itself, sliding from 70 last week to 65 this week.

The percentage of listings that are under contract increased slightly, from 45% to 46% over the same time period. We are now at the same levels we were around 4 weeks ago.

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Almaden Valley Real Estate Market Update for July 30, 2012

Almaden Valley Real Estate Market Update

Almaden Valley Real Estate Market Update

The Almaden Valley real estate market experienced little change from last week. Available single family homes decreased from 66 last week to 65 this week, while the percentage of listings under contract increased from 46% to 47% over the same time frame.

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Almaden Valley Real Estate Market Update for May 29, 2012

Almaden Valley Real Estate Market Update

Almaden Valley Real Estate Market Update

The Almaden Valley real estate market continues to show slow increases in the number of single family homes on the market. There are 65 active listings this week, up from 63 last week. The percentage of homes under contract remained at the 46% it was last week.

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