Almaden Valley Real Estate Market Update
The number of Almaden Valley homes for sale increased slightly, from 58 last Monday to 61 this Monday. The percentage of homes under contract decreased from 50% to 46% over the same time frame. The number of distressed Almaden Valley properties (auction, bank owned, and foreclosures) decreased slightly. Overall things have remained fairly much the same.
Almaden Valley Real Estate Market Update
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.
Wow! It’s an incredible time to put your home on the market.
Inventory in Almaden Valley continues to remain low this week. The number of single family properties currently on the market dropped from 61 last week to 58 this week, and the percentage under contract dropped from 53% to 50% over the same time frame.
Sellers who decide to put their homes on the market are frequently finding eager buyers hungry for new inventory. The high percentages of properties under contract indicates a high buyer interest in the limited inventory currently available, but sellers simply are not coming out to take advantage of the situation, disappointing buyers by the relatively small selection of homes to choose from.
The number of Almaden Valley homes on the market has stalled since last week. There were 62 properties on the market last week, and 61 as of today. Buyers, however, continue to snap up properties, sometimes within days of them coming onto the market. The number of listings under contract increased dramatically from last week: 48% then to 53% today.
Inventory is increasing, and buyers are responding. The number of single family homes in Almaden Valley increased from 57 last week to 62 this week. The number of listings under contract had remained steadily between 47% and 48% for the past several weeks.
The Almaden Valley real estate market continues to attract buyers. Sellers are still not putting their homes on the market at a rate high enough to satisfy demand.
Fleetwood Almaden Estates – Fairwood
South San Jose’s beautiful Almaden Valley community will soon be home to Fleetwood Almaden Estates. These beautiful single family detached homes represent the newest and finest quality residential properties built in San Jose over the past 5 years.
The entire subdivision will consist of 16 homes with variations based on two floor plans, the Hazelwood and the Fairwood. Nine homes will be available in Phase I of the development, and seven more coming in Phase II. Read more
Buyers were active in Almaden Valley real estate last week. The number of single family homes for sale dropped from 61 last week to 54 this week, while the percentage of listings that are under contract increased from 31% to 40% over the same timeframe.
Almaden Valley Real Estate Market Update
Traditional (ie non-distressed) sales were similar; the number of available single family homes increased from 48 to 50, while the number of listings under contract fell from 16 last week to 14 this week.
Almaden Valley Real Estate Market Update
Happy New Year! The last week of 2011 did not bring much change in the Almaden Valley real estate market. The number of active listings dropped from 49 last week to 48 this week, while the percentage of listings under contract dropped from 41% to 38%. Traditional (ie non-distressed) listings dropped from 40 active listings to 37, and from 38% under contract to 36% in the same period.
