Almaden Valley Real Estate Market Update – July 5, 2011
The beginning of July saw the number of available single family homes descrease from 117 last week to 115 this week, while the percentage of listings in escrow dropped from 31% to 30%. Traditional (non distressed) properties saw a slight increase, from 20% to 21%. Even though it was 4th of July weekend, my open house on Fleetwood was very busy. We got it sold early this week. For previous market updates, go to www.AlmadenValleyRealEstate.com
Almaden Valley Real Estate Market Update – June 27, 2011
As we end the month of June, the number of available single family homes decreased from 118 last week to 117 this week, and the percentage of listings in escrow dropped from 34% to 31%. For traditional (non distressed) properties, the drop was from 24% to 20%. We believe this is just the traditional summertime slowdown.
Almaden Valley Real Estate Market Update – June 20, 2011
As of Monday, June 20, there are 118 single family properties currently available in Almaden Valley, an increase of 6 from last Monday. The percentage of single family listings in escrow dropped from 35% last Monday to 34% this Monday.
For traditional sales (non-distressed properties), the drop was from 27% to 24%. This continues the normal seasonal trend we touched on last week; we anticipate that home sales drop in the summer.
All that being said, my open house on Fleetwood last weekend was non-stop traffic. Buyers are still out there trying to catch interest rates before they go up. And good homes that are priced right are still very attractive.
