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Almaden Valley Real Estate Market June 2024

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Almaden Valley Real Estate Market June 2024 – The Almaden Valley single family home market ended June on a quiet note. After April’s and May’s strong showing, the market is settling into the seasonally quiet summer period. Inventory increased significantly since May; 32 homes for sale in June versus 25 the previous month. The number of homes that sold dropped from 42 in May to 21 in June, and the number of pending contracts experienced a similar drop from 32 to 20 during the same time period.

All that being said, the average price per square foot increased from $993 in May to $1,024 in June, indicating that there is still keen buyer interest in Almaden Valley despite the sleepy summer. Mortgage rates have remained fairly steady, a factor that doubtlessly is contributing to the continuing buyer interest in Almaden Valley.

Selling a home in our dynamic market can be challenging. If you are contemplating selling YOUR home, contact me now and let me show how I can help make that home selling dream a reality.

Almaden Valley Real Estate Market June 2024

Almaden Valley Real Estate Market April 2024

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Almaden Valley Real Estate Market April 2024 – The Almaden Valley single family home market wrapped up April 2024 in stunning fashion. All major market factors were up from not only last month, but the same time last year. The number of homes that sold in April was up 25% from March; 30 versus 24. The number of homes under contract shot up 60%; 40 last month versus 25 in March. Although the 30 homes that sold in April 2024 were a respectable increase of 11% from the same time last year when 27 homes sold, the 40 homes under contract are a stunning 43% higher than the 28 from the same time last year.

Average price per square foot showed a modest increase of a little over 6% from March ($1,025/sqft versus $963/sqft) but were an impressive 25% higher than same time last year, when the average price per square foot was $818.

Almaden Valley real estate has been favoring sellers for quite a while, and that pattern continues. Buyer interest in the area remains keen, and there doesn’t appear to be anything at this time to indicate this will change any time soon. If you’re thinking about buying or selling, contact me now!

Almaden Valley Real Estate Market April 2024

Water Lantern Festival at Almaden Lake Park 2024

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Water Lantern Festival at Almaden Lake Park 2024 - Images of lanterns on the lake

Tickets are on sale now for the Water Lantern Festival at Almaden Lake Park June 21-23, 2024. Along with entry to the festival, each adult and youth ticket comes with a floating lantern kit, commemorative drawstring bag, and more.

Gates open at 5:30, when you and your family can enjoy food trucks, music and fun! At 8:00 you’ll design your lantern, and then from 8:30 – 10:00 is the Lantern Launch, where you’ll witness the beauty of thousands of lanterns and their lights reflecting upon the water.

The price covers the cost of collecting and removing the lanterns from the water following the event as well as cleaning up any trash that may have been previously been in or around the water.

In addition, Water Lantern Festival supports the mission of Water.org in helping to provide safe water and sanitation to families around the world.

Learn more about this amazing family fun event and get tickets on the Water Lantern Festival website.

Almaden Valley Real Estate Market Update January 2024

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The Almaden Valley single family home market started the year on a high note. Although we saw a drop in homes sold in January (12 sold versus 16 in December), the market experienced a jump in the number of homes under contract (14 in January versus 10 in December.) The average price per square foot edged upward, from $921 in December to $967 in January.

We usually see the market warming up around the first of the year as it emerges from the holiday slow-down. However, when we compare to January 2023, we can see that January 2024 is ahead of the game. January 2023 saw 13 homes under contract and 8 sales versus 14 under contract and 13 sales of this year. In addition, the average price/sqft was $802 a year ago versus $967.

Part of this undoubtedly is due to tight inventory. There were 21 homes on the market in January 2023 versus 13 this year. This represents about 2.6 months’ worth of inventory in January 2023 versus 1.1 month in January 2024. The Almaden Valley real estate market has been tending towards being a seller’s market but has flirted at times with swaying towards buyers. But January definitely belonged to the sellers.

If you’re thinking about buying or selling, give me a call!

Almaden Valley Real Estate Market January 2024

September 2023 Almaden Valley Real Estate Market Update

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Data for the Almaden Valley real estate market indicates we have entered the seasonal lull. The number of homes on the market has increased from August by about 8% and the number of under contract and sold homes retracted slightly, also around 8%, which is the pattern we expect to see this time of year. The number of homes that sold in September 2023 was about 19% lower than the same time last year, but the number of homes for sale was also lower this year by 17%. The number of homes under contract was actually higher last month by 1.5%

Overall, the Almaden Valley single family real estate market has been pretty stable. The average price per square foot was $983 September 2023, $987 the previous month and $949 same time last year, indicating that prices have also remained steady. If you’re thinking about buying or selling, give me a call!

September 2023 Almaden Valley Real Estate Market

Water Lantern Festival at Almaden Lake Park 2023

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Water Lantern Festival - Images of lanterns on Almaden LakeTickets are on sale now for the Water Lantern Festival at Almaden Lake Park July 21-23, 2023. Along with entry to the festival, each adult and youth ticket comes with a floating lantern kit, commemorative drawstring bag, and more.

Gates open at 5:30, when you and your family can enjoy food trucks, music and fun! At 8:00 you’ll design your lantern, and then at 8:30 is the Lantern Launch, where you’ll witness the beauty of thousands of lanterns and their lights reflecting upon the water. Learn more about this amazing event and get tickets on the Water Lantern Festival website.

Water Lantern Festival is a proud supporter of Water.org, an international nonprofit organization that has positively transformed millions of lives around the world with safe water and sanitation.

Water Lantern Festival at Almaden Lake Park 2022

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Water Lantern Festival at Almaden Lake ParkTickets are selling fast for the Water Lantern Festival at Almaden Lake Park! This popular family friendly event will take place this year on Saturday April 30 and Sunday May 1, 2022. Early bird tickets are on sale now until March 31. Along with entry to the festival, each ticket comes with a floating lantern kit, commemorative drawstring bag, and more. Gates open at 5:00, when you can enjoy food trucks, music and fun! At 7:30 you’ll design your lantern, and then at 8:00 is the Lantern Launch, where you’ll witness the beauty of thousands of lanterns and their lights reflecting upon the water. Learn more about this amazing event and get tickets on the Water Lantern Festival website.

Almaden Community Center and Almaden Library Updates

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Almaden Community Center and Almaden LibraryExciting updates from the Almaden Community Center and Almaden Library!

The Almaden Branch Library is now open for all in-person activities after the pandemic restrictions are lifted. Check out the new hours here.

While the Almaden Community Center is still awaiting opening for indoor in-person activities, there are a lot of sports camps and outdoor activities that you can register for. Some of the activities that are still open for July registration are:

Camp Dance:
July 19 to July 23. For kids aged 3 to 12 years. At the Almaden Community Center, Tiny Town Courtyard. This is an outdoor activity, masks are required.

Camp San Jose Strong at Vista Park: Full Day
July 6 to July 9, July 12 to July 16, July 19 to July 23. For kids aged 5 to 12 years. This is a full day camp from 8 am to 6 pm at Vista Park.

Camp San Jose Strong at Almaden: Half Day
July 6 to July 9, July 12 to July 16, July 19 to July 23, August 2 to August 6. For kids aged 3 to 5 years. This is a half day camp at the Almaden Community Center.

Beach Volleyball at Almaden Lake Park:
July 14 to August 4. For kids aged 8 to 12 years. Wednesdays from 3:45 to 4:30 pm.
July 26 to July 30. For kids aged 10 to 14 years. 9 am to 12 pm.
These are outdoor activities, masks are required.

Spots fill up fast. Register for activities here: https://apm.activecommunities.com/sanjoseparksandrec/Activity_Search

Happy summer! Stay safe, everyone.

A Night Out in Almaden Sponsored by Super Lions Club

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Night out in AlmadenWould you like to enjoy a night out in Almaden filled with good food, music, dancing and fun-filled casino gaming? Then join your friends and neighbors at the Almaden Community Center this weekend!

The Almaden Super Lions Club, a San Jose chapter of the Lions Club International, is hosting the evening to raise funds for charity. All proceeds will go to the aid of the Almaden Lions Charitable Foundation assisting the visually impaired, veterans and other groups in need of assistance. The chapter also organizes the I CARE Classic Bike Tour, another highly successful annual fund-raising event.

The highlight of the evening will be dancing to the strains of the 10th Avenue Band. So mark your calendar for the event on Saturday, October 1, 2016, 6:30 to 9:30 pm, at the Almaden Community Center, 6455 Camden Ave., San Jose 95120. Tickets cost $50. For more information, go to http://www.almadenlions.org/a-night-out-in-almaden.

Pay It Forward Tutoring at Leland High in Almaden Valley

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Pay It ForwardWhat does the term ‘pay it forward’ mean? It means if you have benefitted from a philanthropic act, you repay by helping another person in need instead of the one who was originally kind to you. In other words, instead of paying back, you pay it forward. In Almaden, a group of altruistic high schoolers are doing just that with ‘Pay It Forward Tutoring’.

The Pay It Forward team comprises a group of highly motivated students from Leland High who “understand the value and impact of education in their lives and in the community”. And their way of giving back to the community is by tutoring elementary and middle school children throughout the year in various subjects.

The program benefits Reading Partners, a non-profit organization that, in turn, works nationally to offer in-school, one-on-one tutoring to needy students as well as helps them develop literacy skills.

For their tutoring service, the Pay It Forward team accepts donations made out directly to Reading Partners. The team estimates that this year the donations received will help sustain individual tutoring for more than 1,300 students in the Bay Area alone. To this end, they expect to raise $10,000. So, if you have a child at home in need of tutoring, don’t wait. Reach out to http://www.payitforwardtutoringsj.org and help pay it forward!

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