Tag Archive for: Almaden Valley Market Update

Almaden Valley real estate showed a slight increase last week, but not really enough to say there was much of a change.

We saw an increase in active listings from 65 to 69 single family homes. The number of pending listings dropped from 46% to 45%.

The number of distressed (i.e., foreclosure, short sale, and auction) properties has been increasing slightly and have been coming on the market over the past several weeks.

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The market for single family homes in Almaden Valley is a case of “same thing, different week.”

The numbers have changed only slightly; active listings dropped from 61 last week to 60 this week, and the percentage of listings under contract dropped from 46% to 45% over the same time period.

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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.

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