Almaden Valley Real Estate Market Update for July 2, 2012
Almaden Valley real estate saw a drop in the number of available single family homes this past week. Last week there were 63 homes for sale in Almaden, while this week that number dropped to 57.
The percentage of listings under contract increased from 49% to 53%. In the first two days of July, seven Almaden homes received accepted offers. I know I sound like a broken record, but buyers are snapping up listings faster than the supply is being replenished by new listings.