AccessAlmaden - What’s Happening in Almaden Valley

APR Ranked #6 in the Nation – 2 years in a row!

Just announced by REAL Trends, Alain Pinel Realtors has held onto our #6 national ranking, for a second year, with nearly $6.8 billion in closed sales volume for 2010 – leaving us only $200 million away from the #5 position. We are also still the #1 residential real estate firm in California.

The REAL Trends 500 is an annual research report which identifies the countrys largest and most successful residential real estate firms as ranked by closed transaction sides and separately by closed sales volume. This report represents the most trusted standard of measuring the performance of the nations leading firms.

 

March/April 2011 Almaden Valley Market Update

We recently completed a very strong first quarter of 2011, with total sales volume up 29% over 2010. This also marks the best first quarter we have had since 2007.
In comparison to the broader Q1 2011 Bay Area residential environment, APR outperformed the market. Our results were very favorable and show us continuing to increase our market share, per Trendgraphix. In aggregate, comparing Q1 2011 vs. Q1 2010, on closed units, APR was up 23%, while the Bay Area market (6 counties) was up only 1%. APR also dominates average sales price in comparison to the market average.

 

March/April

December 2010 Almaden Valley Market Update

The Almaden market has been improving, even as we move into the holidays. I sold my listing at 7163 Glenview Drive before it even came on the mls. We held it open Thanksgiving weekend and had 15 parties through on Saturday and 20 on Sunday. Also, many sellers have been taking their homes off the market which has helped in reducing inventory.

August 2010 Almaden Valley Market Update

 

Below is graph of Almaden Valley market for August 2010 as well as the prior 14 months. As you can see, there is not much change in activity since July However, Actives are up from a year ago at this time and Pending Sales are down.

Almaden Valley Real Estate Market - August 2010

Almaden Valley Real Estate Market – August 2010

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