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Almaden Valley Real Estate Market Update – September 26, 2011

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The Almaden Valley real estate market continued its post-summer improvement. The total number of single family residences that are currently for sale dropped from 83 last week to 77 this week, and the percentage of homes under contract remained at 38%. The number of traditional (ie non-distressed) homes that are on the market decreased from 76 last week to 68 this week, and the percentage under contract increased from 31% to 33%.

As we approach the holiday season, we anticipate that the number of homes put on the market will drop somewhat. However, the number that I concentrate most on is the percentage of homes that are under contract. This number indicates whether inventory is in over supply, under supply, or balance . Generally speaking, the larger the percentage is, the healthier the market.

Almaden Valley Real Estate Market Update – September 19, 2011

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We saw a definite improvement between last week’s report and this week’s. The number of available homes in Almaden Valley decreased from 85 last week to 83 this week. In addition, the number of homes that are now under contract increased significantly, from 35% to 38%. Traditional (ie non-distressed) listings posted even better numbers; available homes decreased from 79 to 76, and the percentage under contract increased from 26% to 31%.

Interest rates have remained low, school is back in session and buyers are now back on the market after summer vacations. Open house traffic over the weekend was moderate. The Almaden Art and Wine Festival may have taken some of the traffic. But homes are still selling!! I now have 29 closed sales for 2011 as well as 7 pending!

Therese Swan Launches Tool for Searching Almaden Valley Real Estate by School – UPDATED 2022

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graphic: Search by School and API ScoreTherese Swan, Almaden Valley’s #1 Realtor, has just released a new tool to help Almaden home buyers find the home of their dreams. Buyers can now search Almaden Valley Real Estate by School and/or 2011 API School Scores!

UPDATE: Therese has since enhanced her website with the following pages that provide even more comprehensive tools to achieve your goals:

  • Almaden Valley Schools: The updated Almaden Valley Real Estate schools page contains links to all Almaden Valley public and private schools as well as links to their GreatSchools ratings. The Almaden Valley Schools page also has school locator links to all districts associated with Almaden Valley.
  • Almaden Valley Neighborhoods: The new Almaden Valley Neighborhoods page contains a list of all neighborhoods complete with demographics, unique features, and all real estate activity within the last six months.
  • Custom Email Alerts: Sign up for free, no-obligation email alerts that include MLS Listings in the Santa Clara Valley with your special criteria: property features, location, school assignments, etc.
  • Contact Therese directly for any additional help with your search.

Read more

Almaden Valley Real Estate Market Update – September 12, 2011

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We experienced another week of slow but steady improvement of the Almaden Valley real estate market. The number of available homes remained steady at 85, but the number of pending listings increased from 35% to 36%. Traditional (ie non-distressed) sales showed similar activity, with available properties remaining at 79 and pending listings showing an increase from 26% to 28%. Mortgage rates remain at historic lows, and buyers appear to be taking advantage of this fact.

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