Tag Archive for: Almaden Valley Real Estate

Almaden Valley Real Estate Trends Chart

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Almaden Valley Real Estate Market Update – September 12, 2011

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We experienced another week of slow but steady improvement of the Almaden Valley real estate market. The number of available homes remained steady at 85, but the number of pending listings increased from 35% to 36%. Traditional (ie non-distressed) sales showed similar activity, with available properties remaining at 79 and pending listings showing an increase from 26% to 28%. Mortgage rates remain at historic lows, and buyers appear to be taking advantage of this fact.

Almaden Valley Real Estate Market Update – September 6, 2011

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The overall Almaden Valley real estate market continues its gradual improvement. The number of available properties dropped quite a bit, from 96 to 85 over the past week, while the number of pending listings increased from 33% to 35%. Active traditional (ie non-distressed) listings dropped from 89 last Monday to 79 this Monday, while the percentage under contract remained at 26%. Although it is impossible to say what caused the number of available properties to drop, it is quite likely that this past holiday weekend, the last hurrah of the summer season, played a role.

Almaden Valley Real Estate Market Update – August 29, 2011

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There wasn’t much change in the real estate market this past week. The number of available single family homes decreased slightly, from 97 last Monday to 96 this Monday. The percentage under contract also decreased slightly, from 34% to 33% in the same time frame. For traditional (ie non-distressed) properties, the number of available listings increased one, from 88 last week to 89 this week, and the percentage under contract decreased slightly, from 27% to 26%. Interest rates inched up a tiny bit, which may cause a few fence sitters to jump into the market.

Almaden Valley Real Estate Market Update – August 22, 2011

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As anticipated, the market is continuing to show signs of improvement. The number of available single family properties decreased from last week’s 98 to 97 this week. The percentage of listings that are under contract has increased from 33% last week to 34% this week. Traditional (ie non-distressed) listings are showing the strongest improvement, with available properties dropping from 90 to 88 and the percentage under contract increasing from 24% to 27% over this same time frame. As students settle into the new school year, I expect more buyers to enter the market to take advantage of the lowering mortgage interest rates.

Check Out the Local Business that Makes AccessAlmaden Possible

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Meet Therese Swan, top Almaden Valley Realtor!

Therese SwanTherese Swan is a Realtor with Compass, and specializes in Almaden Valley real estate. Therese has been the #1 Almaden Valley Real Estate Agent each year from 2009-2021. During each of these years she has sold more homes in Almaden than any other Agent, as measured by Dollars per Agent per Year.

Using Therese to buy or sell your home is a wise choice. Her record of excellence, frequent referrals, and happy clients are proof. You can contact her at 408-656-8240 or tswan@tswan.com. You can also check out Therese’s Featured Listings of Almaden Valley Homes.

Almaden Valley Real Estate Market Update – August 15, 2011

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The number of available single family properties continued the decline we first noted in late June, from 99 last week to 98 this week. However, this last week saw a decrease in the percentage of pending listings, from 39% last week to 33% this week. Researching this further, we saw a decrease in the number of new pendings this past week accompanied by a dramatic increase in the number of properties that completed the sales process. We’ve observed the same pattern in traditional (ie non-distressed) sales; available single family listings dropped from 92 last week to 90 this week, and the percentage of listings under contract dropped from 30% to 24%. Many families are squeezing in the last days of summer vacation before their kids go back to school. Plus there may be a few jitters with the volatility of the stock market in recent weeks. As is typical with the Almaden market, we expect the market to start picking up again soon once kids are settled back in school. Interest rates are at record lows and buyers want to take advantage of that.

Almaden Valley Real Estate Market Update – August 8, 2011

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We saw a more robust improvement this past week than we’ve been experiencing. The number of available single family listings dropped from 104 the previous Monday to 99 today, while the percentage of listings under contract increased from 37% to 39% the same time period. For traditional (non-distressed) sales, the numbers indicated a similar improvement; available single family listings dropped from 96 to 92, and the percentage under contract increased from 27% to 30% . This is good news and it brings us back up to May levels for traditional sales.

Almaden Valley Real Estate Market Update – August 1, 2011

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The market is still gradually recovering from the anticipated summer doldrums. The number of available single family listings dropped for the sixth straight week, from 106 last Monday to 104 this Monday. The percentage of listings that are under contract increased from 36% last week to 37% this week. For traditional (non-distressed) single family homes, the number of available listings dropped from 98 last week to 96 this week and the percentage of listings under contract held steady at 27%.

Almaden Valley Real Estate Market Update – July 25, 2011

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We continued to see the expected gradual improvement of the market from the summer lows, though this week wasn’t quite as robust as the previous few have been. The total number of active single family listings remained the same at 106. The percentage of listings that are under contract increased from 35% last week to 36% this week. Active traditional (non-distressed) listings increases slightly but the percentage under contract also increased from 25% last week to 27% this Monday.

At open houses this weekend, there was clearly a last minute rush to get families settled in new homes before school starts. My listing at 6742 Elwood Rd had non-stop traffic both days. Incredible home with amazing back yard including pool, spa, bocce ball court, outdoor ktchen, outdoor patio and koi pond.

Almaden Valley Real Estate Market Update – July 18, 2011

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The trend we noted last week continued through this Monday. The total number of available listings dropped for the fourth consecutive week, from 111 last Monday to 106 today. Listings that are under contract increased from 32% last week to 35% this week. The number of traditional (ie non-distressed) listings dropped slightly, from 97 last week to 96 this week while the percentage of listings under contract increased from 29% to 32%. We may have seen the bottom of the annual summer doldrums for the Almaden Valley real estate market and are heading back up.

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