Almaden Valley Real Estate Trends Chart

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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 August 20, 2012

Almaden Valley Real Estate Market Update

Almaden Valley Real Estate Market Update

The gradual increase in available single family homes continues in the Almaden Valley real estate market, although overall things have remained fairly much the same over the past few weeks.

The number of homes on the market increased from 69 last week to 70 this week, while the percentage of total listings that are under contract remains at 45% for the third week. The number of distressed properties (i.e., foreclosure, short sale, and auction) has been slowly but steadily dropping.

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