Buyer Interest Driven Largely by Historically Low Mortgage Rates
Almaden Valley Real Estate Market Update
The number of available single family homes in Almaden Valley continues to drop, from 60 last week to 58 this week. The percentage of listings that are under contract increased from 48% to 49% over the same time frame.
Home Inventory is Low But Buyers Not Slowing Down
Almaden Valley Real Estate Market Update
Almaden Valley real estate inventory saw another gradual decline this past week. This week we have 60 single family homes for sale compared to 63 last week, while the percentage of listings under contract remained virtually the same with 48% this week compared to 47% last week.
Sellers Take Advantage of High Home Buyer Interest and Low Inventory
This past week saw an increase in the number of single family homes on the Almaden Valley real estate market; from 59 last week to 65 this week.
The percentage of listings that are under contract dropped from 49% to 46%, but this drop is likely due to the additional homes on the market skewing that number downward a bit.
