Almaden Valley Real Estate Market Update for April 23, 2012
The Almaden Valley real estate market showed signs of growth this past week. What a difference a week makes!
After several months of stagnation, the number of available single family homes surged from 58 last week to 64 this week, which is the highest it has been since late November.
The number of homes under contract dropped from 49% to 46%, but this is due in large part to the increase in new listings. Distressed properties (auction, bank owned, and pre-foreclosure) dropped slightly as well.