Almaden Valley Real Estate Market Update for August 6, 2012

The Almaden Valley real estate inventory experienced a bit of a jump this week. The number of single family homes increased from 65 last week to 68 this week, while the number of listings under contract decreased from 47% to 45% over the same time period.

Interest rates are holding fairly steady at their historically low levels, providing ample incentive for buyers to make purchases. Although we’re seeing the number of homes coming onto the market increasing, it is still not enough to satisfy the demand.

If you are thinking about selling your home, now is a great time to take advantage of the eager buyers who populate the market! Give me a call and let me show you how I can help!