May Almaden Valley Market Update

Almaden Valley real estate is definitely a seller’s market. The number of single family homes put on the market increased from April 2014, but buyer demand rose to the occasion, and the number of homes with accepted contracts also increased. The average price per square foot has edged upwards as well, from $519/sq.ft. in April to $527/sq.ft. in May. Inventory is incredibly tight; with current buyer activity, there is just about one month’s worth of homes to meet the demand.

Increasing prices plus scarce inventory means that now is a GREAT time to put your Almaden Valley home on the market. If you would like additional information on how I can help you take advantage of this incredible market, give me a call or send me an email.

05-14 market update