Mortgage interest rates have been inching up but buyers are still keen on Almaden Valley real estate. Perhaps the rising mortgage rates are why we saw a dramatic increase of 80% in the number of pending homes last month as buyers may have hastened their purchases in order to lock in lower rates. August/September is […]
Leading real estate information news site Inman recently released their 2021 Fall Housing Market Outlook in which they predict that prices will cool but inventory will remain tight. We are seeing this general trend in the Almaden Valley market, which we tend to see as the year progresses towards the holiday season. When examining the […]
After over a year of almost meteoric growth, it seems that the Almaden Valley real estate market is taking a slight breather. The current price per square foot of $852 has retracted a bit from the high of $888 we saw in May. The number of homes on the market remained virtually unchanged from June […]
The Almaden Valley Summer Concert will be performed by the Silicon Valley Houserockers on July 22nd, 2021! Be sure not to miss their only summer show performed at Greystone Park, from 6:30-8:30 P.M. It is advisable to bring your own lawn chairs, drinks, and snacks to enjoy this soul-rock cover band’s amazing live music. There […]
Exciting updates from the Almaden Community Center and Almaden Library! The Almaden Branch Library is now open for all in-person activities after the pandemic restrictions are lifted. Check out the new hours here. While the Almaden Community Center is still awaiting opening for indoor in-person activities, there are a lot of sports camps and outdoor […]
May was another month for the record books in Almaden Valley. Fifty single family homes sold last month, which is a whopping 285% increase from the 13 that sold May 2020. Fourteen single family homes were on the market May 2021 compared to 38 in May 2020. Although the number of pending sales dropped slightly […]
The Almaden Valley residential real estate market continues to skyrocket. Average price per square foot has reached record levels. In fact, April’s $895/sqft represents a major jump from the previous month’s $795/sqft. We HAVE seen a dramatic jump in homes coming onto the market. In March, there were 12 single family residences listed for sale […]
The supply of single family homes in Almaden Valley continues to be incredibly tight, a phenomenon that much of the country is seeing. Many homeowners who might consider moving are hesitating to do so, knowing that they would very likely be facing the exact scenario as a buyer that benefits them as a seller; fierce […]
The last seven months have been quite unusual for Almaden Valley real estate, to say the least. We have seen a less-than-usual winter slow-down as far as sales go, but there has been NOTHING usual about this market. The number of listings offered for sale on the MLS is as low as we’ve seen them […]
Merry Christmas and Happy Holidays, Almaden residents! This holiday season is like no other, but there is a lot of cheer right here in Almaden. Driving around or walking the streets to view the beautiful neighborhood holiday lights displays have always been a favorite activity for most families. This year too, despite many constraints, some […]
